Math, asked by soumilibiswas777, 7 months ago

a sum of money has become 2 1/2 times in 6 years.Find the rate of interest earned.​

Answers

Answered by SachinKhetarpal
1

Answer:

25%

Step-by-step explanation:

Sum of money becomes 5/2 times ,

it means P = 2 and after 6 years it becomes 5 (amount)

Interest earned in 6 years = 3

Interest earned in 1 year = 0.5

Rate of interest = 0.5/2 * 100 = 25%

Similar questions