Question

At what rate per cent per annum will ₹4800 yield an interest of ₹747 in 2 years compounded annually ?​

Answer 1

$\bold{Given :}$

• At what rate per cent per annum will ₹4800 yield an interest of ₹747 in 2 years compounded annually ?

$\bold{To Find :}$

• rate of interest per annum.

$\bold{Formula :}$

=> $\sf\fbox\pink{Amount = Principal+Interest}$

$\bold{Solution :}$

$\pink{=>principal = ₹4800}$

$\orange{=>Amount = Principal + Interest}$

$\green{=>4800+747}$

$\red{=>5547}$

$\blue{=>Time=2years}$

$\red{=>No.of\:conpound\:per\:year=1}$

Let the rate of interest be r percentage

$\bold{=>}$$\boxed{A=P(1+r/100)^t}$

$\bold{=>}$$\boxed{5547=4800(1+r/100)^2}$

$\huge{=>}$$\large\red{7.5\:percentage}$

$\bold{Hence,}$

• The final answer is 75%

Answer 2

Answer:

mark me as brainliest.

Good afternoon