Question

The simple interest on a sum of money for
3 years at 15% p. a is Rs 495 find the sum​

Answer 1

Answer:

5%

Step-by-step explanation:

Let the sum (P) = Rs. 100

∴ SI = \frac{1}{4}\times100=Rs.2541×100=Rs.25

Period (T) = 5 years

∴ Rate% = \frac{SI\times100}{P\times T}=\frac{25\times100}{100\times5}=5\%P×TSI×100=100×525×100=5%

Answer 2

Answer:

5% is the answer check it's