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leonid [27]
3 years ago
14

This is another one yet do i not get? help!

Mathematics
1 answer:
andreyandreev [35.5K]3 years ago
8 0

Answer:

Rate of Interest is 20\%

Step-by-step explanation:

Given that

I=\$ 300, P=\$3000

and T=0.5 years

To find rate of interest

We have I=PRT

Therefore

R=\frac{I}{PT}\times 100

R=\frac{300}{(3000)(0.5)}\times 100

=\frac{1}{10(0.5)}\times 100

=20\%

Therefore R=20\%

Rate of Interest is 20\%

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Answer:

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Answer:

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