At what rate of percent per annum does a sum of ₹ 1800 become ₹2700 in 10years?
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Given
P=₹1800
A=₹2700
R=?
T=10yr
Interest =amount - principal
=2700-1800=900
Interest = pxrxt /100
900=1800x Rx10/100
R=900x100/1800x10
R=90/18
R=5%
This is ur ans hope it will help you in case of any doubt comment below
P=₹1800
A=₹2700
R=?
T=10yr
Interest =amount - principal
=2700-1800=900
Interest = pxrxt /100
900=1800x Rx10/100
R=900x100/1800x10
R=90/18
R=5%
This is ur ans hope it will help you in case of any doubt comment below
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