At what rate percent on simple interest will Rs.1750 amount to Rs.2000 in 4 years?

At what rate percent on simple interest will Rs.1750 amount to Rs.2000 in 4 years?

Answer/Solution

3.57 %

Steps/Work

Explanation:
250 = (1750x4xR)/100
R = 3.57 %
Answer: Option B

Gain Calculator / Auto Solver

At what rate percent on simple interest will $ amount to $ in years?

Calculated Answer

3.5714285714286

Step by Step Solution

In order to solve problem, you must evaluate ((n₁ - n₀) / n₀) / n₂ * 100.

n₀ =	1750
n₁ =	2000
n₂ =	4

((n₁ - n₀) / n₀) / n₂ * 100
Evaluate n₁ - n₀ = 250
(250 / n₀) / n₂ * 100
Evaluate 250 / n₀ = 0.14285714285714
0.14285714285714 / n₂ * 100
Evaluate 0.14285714285714 / n₂ = 0.035714285714286
0.035714285714286 * 100
Evaluate 0.035714285714286 * 100 = 3.5714285714286
3.5714285714286
The answer to the problem and the result of ((n₁ - n₀) / n₀) / n₂ * 100 is 3.5714285714286