Question

. At what rate per cent per annum will the simple interest be: (a) 150 on 1250 in 4 years? ​

Answer 1

Explanation:

Given:

Investment 1250

Interest 150 in 4 years

so interest for one year = 150/4 = 37.5

Interest % = 37.5/1250 = 3%

Ans - At 3% per annum interest rate, the total intrest on investment of 1250 will be 150 in 4 years