Question

At what rate percent compound interest p.r will 3200 Rs amount to 3872 in 2 year

Answer 1

bonjour!

given data

principle= 3200

amount= 3872

____________

∴S.I = 3872-3200= 672

time = 2years

∴ Rate = S.I*100/P*T

= 672*100/3200*2

= 21/2%

= 10.5 %

HOPE THIS HELPS

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