Question

At what rate percent per annum will ₹ 9600 amount to ₹ 109 44 in 2 year

Answer 1

P=rs9600
A=rs10944
t=2years
As A=P+I
10944=9600+I
I=Rs1344
R=100×I/P×T
=100×1344/9600×2
=134400/19200
=1344/192
=448/64
=112/16
=7
rate=7%

Answer 2

Answer:-

The Rate Is 7%