Question

At what rate per cent per annum will Rs.3600 amounts to Rs.4734 in 7/2 years?
Plz give answer fast

Answer 1

Given

P=₹3600
A=₹4734
T=7/2
Interest =A-P
=4734-3600=1134

Si= P x R x T / 100

1134=3600xRx7/2 /100

R=
$\frac{1134 \times 2 \times 100}{3600 \times 7}$

R=9%

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