Math, asked by anup2385, 1 year ago

a man invests 7000 rupees for 3 years at a certain rate of interest compounded annually . At the end of one year it amounts rupees 7980 . Calculate the rate of interest.

Answers

Answered by maharajasingh
7
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Answered by akashk229
10

Step-by-step explanation:

p= 7000. amount =7980. I=A-P. 7980-1000. =980. rate of interest =I×100÷p×t =980×100÷7000= 14% and.

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