At what rate per cent per annum will rupees 800 amount to rupees 1000 in 2 years?
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Answered by
3
Answer:
12.5%
Step-by-step explanation:
Here total amount is 1000 in 3 yrs
SI =1000-800
Rs200
We know that
SI = PTR/100
200 = 800*2*R/100
20000=1600*R
R= 20000/1600
Therefore R=12.5%
Then the rate must be 12.5% to get the amount.
Answered by
4
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