Respuesta :
Answer:
R = 6%
Step-by-step explanation:
We know that
SI = A - P
SI = 3540 - 3000
SI = $540
R = 100 × SI/P × T
R = 100 × 540/3000 × 3
R = 54/9
R = 6%
S O L U T I O N:
Here we've been provided with the information i.e
- Amount (A) = 3540
- Principal amount (P) = 3000
- Time period (T) = 3 years
And we are asked to calculate simple interest rate (R) = ?
The standard formula to calculate is given by,
[tex]:\Rrightarrow\sf{S.I. = A - P}[/tex]
[tex]:\Rrightarrow\sf{S.I. =3540 - 3000}[/tex]
[tex]:\Rrightarrow\sf{S.I. =540}[/tex]
[tex]:\Rrightarrow\sf{R = 100 \times \frac{S.I.}{P} \times t}[/tex]
[tex]:\Rrightarrow\sf{R = 100 \times \frac{540}{3000} \times 3}[/tex]
[tex]:\Rrightarrow\sf{R = \frac{54}{9} }[/tex]
[tex]:\Rrightarrow\sf{R = 6\%}[/tex]
- The simple interest is 6%.
