Question

At what rate of interest will Rs.1250 amount to Rs.1600 in 7 years

Answer 1

your answer is3.125%
step by step explanation-
principal=₹1250
amount=₹1600
time =7years
S.I. = ₹1600-₹1250
=₹350
rate = 100×S.I./P×T
= 100×350/1600×7
=3.125%
hope it's helps
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Answer 2

3.215 % answer.......