Math, asked by soapmactavish2650, 1 year ago

A sum of money becomes 7/4 of itself in6 years at a certain rate of interest. Find the rate of interest

Answers

Answered by rishi7831
3

invested money=p

p+prt/100=7p/4

p(1+6r/100)=7p/4

(100+6r)/100=7/4

100+6r=175

r=75/6

=12.5percent

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