Question

At what rate percent per annum a sum of rupees 1800 will become 2700 in 10 years

Answer 1

Answer:

P= 1800

A= 2700

T= 10 years

I= A-P= 2700-1800=900

• R= 100×I/P×T
• = 100×900/1800×10
• = 90/18
• = 5%