Asam of rupees 1,780 becomes Rs2,136 in 4 years find the rate of interest the sum that will become rupees 810 in 7 years at the same rate of interest
Answers
Answered by
1
Step-by-step explanation:
let , rate of interest = r %
so,1780+ 1780 × r×4/100 = 2,136
or, 1780×r/25 = 2136 - 1780
or, 356×r/5 = 356
or, r = 356 ×5/356
or, r = 5
so, rate of interest = 5%
810 in year = 810 + 810×5×7/100 = 810 + 285.5 =1095.5
Similar questions