What rate gives Rs 1020 as interest on a sum of Rs 17000 in 3 years? Step by step explanation is needed. I will also mark brainliest. Thanks
Answers
Answered by
1
Answer
Interest = Rs 1020
P = 17000
T= 3 years
Interest percentage = 1020/17000 x 100 = 6%
Rate of Interest is 6%
I am not sure about my answer so pls take this at you on risk.
Interest = Rs 1020
P = 17000
T= 3 years
Interest percentage = 1020/17000 x 100 = 6%
Rate of Interest is 6%
I am not sure about my answer so pls take this at you on risk.
Similar questions