vishi took a loan of rs 10000 on simple interest. If he returned Ed 12700 after 3 years, find the rate of interest
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Answered by
12
Answer:
rate of interest is 9%
p = Rs 10000
a= Rs 12700
I = a-p
= 12700 - 10000
= 2700
rate = I ×100 / p × t
= 2700 × 100 / 10000 × 3
= 9 %
Answered by
6
Answer:
9%
Step-by-step explanation:
10000+10000×R×3/100=12700
30000×R/100=12700-10000
300×R=2700
R=2700/300=9%
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