Question

At what rate does the compound interest for Rs. 1800 be Rs. 378 in 2 year if interest be calculated annually.​

Answer 1

Step-by-step explanation:

given :

At what rate does the compound interest for Rs. 1800 be Rs. 378 in 2 year if interest be calculated annually.

to find :

if interest be calculated annually.

solution:

Principle = 1800 rs

Simple Interest = 378 rs

Time = 2 year

rate = simple× interest × 100 / principal × time

= 378 × 100/ 1800× 2

= 10%

hence , the Answer compound interest for 10%

Answer 2

Answer:

10%

Step-by-step explanation:

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