Question

You put Rs 6000 in a fixed deposit in your bank. At the end of a year, you got Rs 900 as interest. What was the
percent rate of interest?
%​

Answer 1

Step-by-step explanation:

900 ÷ 6000 × 100

900 ÷ 60

15 percent is the answer

Answer 2

Answer:

principal = 6000

interest= 900

time 1 year

so, rate= s.i. ×100÷ p×t

= 900×100÷6000×1

=1.6%