If the simple interest on rs.30000for 4 years is 9600, the rate ofinte

1.	If the simple interest on rs.30000for 4 years is 9600, the rate ofinterest must be___1. O 6 percent2. o 10 percent3. O 8 percent4. O 12 percent
Answer» Answer: We KNOW, PRT/100 = Simple interes so, 9600 = 30000x4xR/100 960000 = 120000R 96000/120000 = R 8% = R Ans *Hope this HELPS ☺️*

If the simple interest on rs.30000for 4 years is 9600, the rate ofinterest must be___1. O 6 percent2. o 10 percent3. O 8 percent4. O 12 percent

Answer»

Answer:

We KNOW, PRT/100 = Simple interes

so, 9600 = 30000x4xR/100

960000 = 120000R

96000/120000 = R

8% = R Ans

Hope this HELPS ☺️

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If the simple interest on rs.30000for 4 years is 9600, the rate ofinterest must be___1. O 6 percent2. o 10 percent3. O 8 percent4. O 12 percent​

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If the simple interest on rs.30000for 4 years is 9600, the rate ofinterest must be___1. O 6 percent2. o 10 percent3. O 8 percent4. O 12 percent