₹400 का 2 वर्ष का चक्रवृद्धि मिश्रधन ₹441 हो तो वार्षिक चक्रवृद्धि ब्याज दर कितना है
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Answer:
5%
Step-by-step explanation:
Using the formula
A= P(1+r/100)^t where t is the time period in years r is the rate, P is the principal and A is the amount so
441=400(1+r/100)^2
441/400=(1+r/100)^2
(21/20)^2=(1+r/100)^2
21/20–1=r/100
1/20=r/100 so
R=5%
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