Math, asked by dhru63, 2 months ago

A sum amounts to Rs.8820 in 2 years and Rs.9261 in 3 years compounded

annually. Find the rate and the sum.

Answers

Answered by rsroy83

1

Answer:

Step-by-step explanation:

INTEREST=9261-8820

=441

r=100×interest/p×t

r=100×441/8820×1

r=5%

NOW ASSUMING P=x find the principle.

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