Math, asked by rakashsharma182, 3 days ago

A sum of money become 7/4 of itself in 16 years at certain rate of intrest, find the rate of intrest?

Answers

Answered by pushpahiremath236

0

Answer: A= 100(7/4)

Step-by-step explanation:

A=P(1+TR%)

7P4=P(1+6R%)

74=(1+6R%)

74−1=6R%

R%=0.125

R%=12.5%

Check

Let P=100, then

A=100+100×6×0.125

A=100+75

A=100(7/4)

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