Question

at what rate of interest per annum will a sum of rupees 62,500 will earn a comp​

Answer 1

Answer:

Step-by-step explanation:

5100= 62500 { ( 1+r/2×100)^2 - 1}

51/625 +1 ={1+r/200)^2

676/625 = {1+r/100)^2

26/25 =1+ r/200

1/25 =r/200

200/25 =r

r = 8%