Question

a sum of money becomes 11/10 times in 4 years at what rate percent per annum​

Answer 1

Answer:

R = 2.5

Step-by-step explanation:

We know Total Amount A formulae as below

$a = p(1 + \frac{r \times t}{100})$

in given case

a = 1.1 *P

t = 4

by substituting we get

R = 2.5