a sum of money becomes 3000 in 2 years and 3250 in 3 years find the principal and the rate of interest
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Answered by
14
Step-by-step explanation:
2year -------3000
3year--------3250
1year ------250
2year ------500(SI)
principal = 3000-500
= 2500
250 = 2500× R × 1/100
R = 10%
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Answered by
0
Answer:
Sum of money becomes 3000 rs in 2 yr and 3250 in 3 yr .
therefore 3250-3000=250rs
rate of interest = 3250/250=13%
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