Math, asked by shumailanizam527, 9 months ago

At what rate percent per annum compound interest will rupees 12000 amount to rupees 15972 in 18 months if the interest compounded
semi annually

Answers

Answered by tanmaypp0806
1

A=P[1+R/200]^2N

15972=12000[1+R/200]^3

15972/12000=[1+R/200]^3

1331/1000(BY REDUCING IN LOWEST FORM)=[1+R/200]^3

[11/10]^3=[1+R/200]^3

11/10=1+R/200(BY CANCELLING POWERS)

11/10-1=R/200

1/10=R/200

10R=200

R=20%

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