15.
In how many years will a sum of money become 25/16 times at 25% per annum at compound
16
interest?
1)3
2) 4
3) 6
4) Data inadequate 5) None of these
2000. amoun
Rs 2420 100 per annum compound interest
Answers
Answered by
0
Answer:
P→
16
25
p in two years
∴
16
25
p=p(1+
100
r
)
2
(
4
5
)
2
=(1+
100
r
)
2
⇒
4
5
=1+
100
r
r=25%.
Explanation:
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