Question

at what rate percent p.a compound interest will rupee 6250 amt to rupee 7290 in 2 year​

Answer 1

Answer:

R = 8%

Step-by-step explanation:

....... hope it's helpful

Answer 2

The rate percent is 8%.

Step-by-step explanation:

To find : At what rate percent p.a compound interest will rupee 6250 amt to rupee 7290 in 2 year​ ?

Solution :

Applying compound interest formula,

$A=P(1+\frac{r}{100})^t$

Where, A is the amount A=Rs.7290

P is the principal P=Rs.6250

r is the rate

t is the time t=2 year

Substitute the values,

$7290=6250(1+\frac{r}{100})^2$

$\frac{7290}{6250}=(1+\frac{r}{100})^2$

$1.1664=(1+\frac{r}{100})^2$

Taking root both side,

$\sqrt{1.1664}=1+\frac{r}{100}$

$1.08=1+\frac{r}{100}$

$\frac{r}{100}=1.08-1$

$\frac{r}{100}=0.08$

$r=0.08\times 100$

$r=8\%$

Therefore, the rate percent is 8%.

#Learn more

By using the formula,find the amount and compound interest on:

rs10,000 for 2 years at 11%per annum compounded annually

please please solve it

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