Question

6. At what rate per cent per annum will a sum of money double itself in eight years? 7. Rahul borrowed 50,000 from a Bank on 1 March 2014 and paid 53,150 on 6 October 2014. Find the rate of interest charged by the Bank. 8 in what time will a sum of money double itself at 150 oranu​

Answer 1

7

Answer:

The rate of interest charged by bank is 3,150.

Step-by-step explanation:

Rahul borrowed=50,000

Rahul gave=53,150

So,50,000-53,150=3,150