Question

at what rate of interest will ₹1880 amounts to ₹2068 in 5/2 years

Answer 1

I =A- P
I = rs ( 2068 - 1880)
I =rs 188
Now
rate = I*100/P*T
rate = 188*100/1880*5/2
rate=188*100*2/1880*5
rate=2*2
rate = 4%