Step-by-step explanation:
I=P*R*T/100
R= I*100/P*T
so rate= I*100/3000*0.5
= 30000/1500
= 300/15
=20%
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Answer:
R = 20%
Given
I = PRT , substitute corresponding values
300 = 3000 R × 0.5
300 = 1500 R ( divide both sides by 1500 )
0.2 = R ( multiply value by 100% ) , that is
R = 0.2 × 100% = 20%
