Math, asked by 010694bor, 6 days ago

A four year Indira Vikas certificate with a maturity value of Rs. 700 is purchased for Rs. 500. The rate % p.a. is

Answers

Answered by AnushkaBornarkar

2

Answer:

10%

Step-by-step explanation:

Interest = 200 ⇒ 200 = (500 x R x 4)/100 ⇒ R = 10 %.

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