Question

A Certain sum amounts to Rs. 10, 500 at the
end of the 1st year, to Rs 11,025 at the end
of
the 2nd year and to Rs. 11,576:25 at the
end of the 3rd year. The rate
intenst is
of in​

Answer 1

Answer:

5% compound interest

Step-by-step explanation:

use compound interest formula two times one for the end of the 2nd year and one for the end of 3rd year

Answer 2

Answer:

Step-by-step explanation: