Question

at what rate of interest will rs 2000 amount to 2315.23 in 3 years at compound interest?

please answer fast

Answer 1

Answer: 47.28

Step-by-step explanation: I = P*R*T/100

R = 315.23*100/2000*3

AAGE KA TU KARLE..............

Answer 2

Answer:

5%

Step-by-step explanation:

p=2000

a=2315.25

t=3yr

now.

A=p(1+r/100)n

=2315.25=2000 (1+r/100)n

=(1+r/100)3=231525/200000

=(1+r/100)3=9261/8000

=(1+r/100)3=(21/20)3

=1+r/100=21/20

=r/100=21/20-1/1

=r/100=21-20/20

=r/100=1/20

or. rate =1/20×100

therefore,5%