Question

What rate gives rs. 24960 as the intrest on a sum of rs. 52000 in 3 years?​

Answer 1

Answer:

SI: PTR/100

24960=52000×3×R/100

24960×100/52000×3=R

15.82% = R

Answer 2

Answer:

R=SI*100/P*T

R=24,960*100/52000*3

cancel the 0

R=24,96/52*3

cancelled the 3, 2 table

R=28/13

R=2.15%