Question

At what rate percent per annum will 550 amount to 650 in 4 years

Answer 1

Answer:

rate is 4 6/11

Step-by-step explanation:

Given,

Amount is 650

Principle is 550

Time is 4 years

Amount = Principle + SI

650=550+PTR/100

PTR/100=100

550*4*r/100=100

then r= 4  6/11