Math, asked by sweety0598, 1 day ago

A sum of money amounts to Rs.8820 in 1 year and to Rs.9261 in 3/2 years when interest is compounded semi-annually. find the sum of rote of interest per annum.​

Answers

Answered by pradeepgill
0

Step-by-step explanation:

Let the sum be P and rate of interest be r%

A1=Rs.8820A2=Rs.9261

Rate of interest half-yearly =r2%

As the amount is invoked for 1 year and 112 years, so conversions are 2 and 3 respectively.

x1=2

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