Question

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

Answer 1

`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!!