Math, asked by solvethemystery2, 1 month ago

What rate gives ₹600 as interest on the sum of ₹10000

in 3 years?

Answers

Answered by smritilekhashyamal

1

Answer:

Step-by-step explanation:

Principal (P)= Rs. 10000

Interest(I)= Rs. 600

Time(T)= 3 years

Rate of interest (R)= I x 100

P x R

= 600 x 100

10000 x 3

= 2% per annum

∴ Rate of interest(R)= 2% per annum

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