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At what rate percent on simple interest will Rs.750 amount to Rs.900 in 5 years in precent? ​

User Zhiyuan
by
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1 Answer

4 votes

Answer:


24\%

Explanation:

The equation is:


(x)/(100) * rs.750 * 5 = rs.900

Simplify both sides,


(75)/(2) x = 900

Multiply both sides by 2/75,


(2)/(75) * (75)/(2) x = (2)/(75) * 900 \\ x = 24\%

Hope this will help you!!

User Diabetesjones
by
4.6k points