If in 10 yrs 200rs amounts 300 rs find the rate of interest – InterviewSolution

1.	If in 10 yrs 200rs amounts 300 rs find the rate of interest
Answer» rate of interest= 0.05Step-by-step explanation:GIVEN:number of years (t) =10principle amount (P)= 200rs SIMPLE interest= 300-200= (100)rate of interest= ?WE KNOW THAT,SIMPLE INTEREST= P×r×t100 = 200× r × 10 -----(given)r× 200 = 100÷10r × 200 = 10r = 10÷200r = 0.05PLEASE MARK ME AS BRAINLIEST

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