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Answer :

Answer:

Step-by-step explanation:

P=R3000.00

T=3 years

SI=R905

SI=P\times R\times T\\R905=R3000\times \frac{r}{100}\times 3SI=P×R×T

R905=R3000×  

100

r

×3

R905=\frac{R9000r}{100}R905=  

100

R9000r

 

R905=\frac{R905}{R90}R905=  

R90

R905

 

r=\frac{R905}{R90.}r=  

R90.

R905

 

r=10.06\%r=10.06%