An engineer promised to pay P36,000 at the end of 90 days. He was offered 10% discount if he pays in 30 days. Find the rate of interest.

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SUBJECT: ENGINEERING DATA ANALYSIS

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An engineer promised to pay P36,000 at the end of 90 days. He was offered 10% discount if he pays in 30
days. Find the rate of interest.
Transcribed Image Text:An engineer promised to pay P36,000 at the end of 90 days. He was offered 10% discount if he pays in 30 days. Find the rate of interest.
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