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
7
plzzzzzz like this live...
Answered by
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.
Similar questions