At what rate percent per annum a sum of rupees 62500 amounts to rupees 72900 in 2 years
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Answered by
6
hey there...
given,
principal = 62500
amount = 72900
therefore intrest = amount - principal
= (72900 - 62500)
= 10400
time = 2 years
now.... rate percent =( 100*intrest)/principal*time
= (100*10400)/62500*2
= 8.32%
Answered by
0
Answer:
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