Question

At what rate of compound interest p. a will Rs 1250 amount to Rs 1800 in two years?

Answer 1

A=amount
SI=simple interest
P=principle
T=time
R=rate

hope the answer is correct

Answer 2

Answer:

Step-by-step explanation:

Here is your answer...

Given is Time = 2 years

Amount=₹1800

Principal = ₹1250

Rate = ?

The formula to calculate amount is

=A = P(1 + R/100)^T

=1800 = 1250 × (1+ R/100)^2

=1800/1250 = (1+ R/100)^2

=√(36/25) = 1+ R/100

=6/5 - 1 = R/100

=1/5 × 100 = R

=20 = R

Therefore, the rate is 20%.

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