at what rate of compound interest will Rs 25000 become Rs 36000 in 2 years ?
Answers
Answered by
2
Answer:
11000 interest increase in 2 years
Answered by
14
Answer:
let's the rate be=X
compound interest=25000
principal=36000
time=2 year
Rate=?
25000x=36000/2
25000x=18000
X=18000/25000
X=18/25
X=1.38
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