Question

The time required for 350yields is Rs105. interest at 6% rate of intrest

Answer 1

Step-by-step explanation:

Given that,

P=Rs.350

R=R% p.a

S.I=Rs.105

T=6 years

∵S.I= ptr/100

⟹105= 350×6×r /100

⟹105=21R

⟹R=105/21

⟹R=5

∴Rate=5% p.a.