The simple interest on principal 100 is 3 for one year.Then what is the rate of interest?
Answers
Answered by
2
Answer: R= 3%
Step-by-step explanation:
Simple interest =P×R×T/100
3 =100×R×1 / 100
300/100 =R
3% = R
Answered by
0
Answer:
3
Step-by-step explanation:
A= P*R*T/100
A= 100*3/100*1
A= 3*1
A= 3
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