At what rate of compound interest will rs1250 amount to rs1800 in 2 years?
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p= rs 1250
A=rs 1800
n= 2years
r= ?
A=p(1+r/100)^n
1800=1250(1+r/100)^2
1800/1250=(1+r/100)^2
(1800/1250)^(1÷2) =1+r/100
1.2-1=r/100
0.2×100=r
r=20%
A=rs 1800
n= 2years
r= ?
A=p(1+r/100)^n
1800=1250(1+r/100)^2
1800/1250=(1+r/100)^2
(1800/1250)^(1÷2) =1+r/100
1.2-1=r/100
0.2×100=r
r=20%
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