A sum of money becomes7/4 of itself in 6 years certain rate of interest. find the rate of interest
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Let the sum be rs100
the amount be 7/4×100=175
SI= AMOUNT - PRINCIPAL
=175-100
=75
RATE=100×SI/PRINCIPAL×TIME
=100×75/100×6
=25/2
=12.5℅ PER ANNUM
ANSWER
the amount be 7/4×100=175
SI= AMOUNT - PRINCIPAL
=175-100
=75
RATE=100×SI/PRINCIPAL×TIME
=100×75/100×6
=25/2
=12.5℅ PER ANNUM
ANSWER
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