document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=1019203>Question 1019203</A>: <I><SPAN STYLE=\"word-break: break-all;\"> At what rate will rupees 7200 fetch a simple interest of rupees 3024 in 4 years? </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #635147 by </B><A HREF=/tutors/aboutme.mpl?userid=addingup><B>addingup(3677)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=addingup><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/cgi-bin/show-face.mpl?user=addingup><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=635147\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> amount of interest = capital*rate*time<BR>\n" );
document.write( "3024 = 7200*r*4 divide both sides by 4*7200<BR>\n" );
document.write( "3024/28800 = 0.105 Multiply times 100 (percent from per centum meaning per one hundred)and you get 10.5%<BR>\n" );
document.write( "So 10.5% interest is your answer </SPAN>\n" );
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