Question

At what rate per cent annum will rupees 603 produces an interest of rupees 126 in 4 years

Answer 1

603*?/100*4=126
603*?/100=126/4=31.5
603*?=31.5*100=3150
?=3150/603=appx.5.22
So,answer is appx 5.22 per cent

Answer 2

Check the attachment.