Find Rate, when Principal = $ 2020; Amount= $ 3838 and Time = 18 years.

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18 May 2020 Simple Interest Find Rate, when Principal = $ 2020; Amount= $ 3838 and Time = 18 years.: OPtion
1) 10.56 %
2) 10.16 %
3) 10.26 %
4) 10.86 %
5) 10.96 %
6) 8
7) 7
8) 6
9) 5
10) None of these; Correct Option: 9 Best Solution (3)

G.S.Kantharao 4 years AGO

A = $3838
P= $2020
I= $1818
R =100*I/PT
=100*1818/2020*18=5%
My option is 9 ✍️

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Varun 4 years AGO

Amount A = Principal + Simple Interest SI
SI = P * Time T * Rate R / 100
=> R = (A/P-1)T/100
=> R = 5

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Shreyas Dk 4 years AGO

3838=2020+((2020*18*r)/100)

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Dimple

India

Punjab

Time: 00:01:33

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Find Rate, when Principal = $ 2020; Amount= $ 3838 and Time = 18 years.

M4maths Previous Puzzles

18 May 2020 Simple Interest