Question

6. At what rate per cent per annum will * 1625 amount to * 2080 in 3.3 years?
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Answer 1

Don’t know sorry sorry

Answer 2

Answer:

Rate =8%

Step-by-step explanation:

Principal = 1625

Amount =2080

Time=31/2 =7/2 years=3.5

Finding Interest:-

Interest=Amount - Principal

=2080-1625

=455

Finding Rate Percentage

Note : I= Interest , P= Principal , T= Time.

Rate percentage =( 1×100)/(P/T)

==> (455 × 100) / (1625 × 3.5)

==> 45500 / 5687.5

==> 8 %