Question

At what rate percent per annum will be Rs 4000 amount to Rs 4410 in 2 year when compound annually.​

Answer 1

Step-by-step explanation:

p= 4000

t=2 years

Amount=4410

S.I = Amount-P = 4410-4000=410

R=(S.I*100)÷p*t

(410*100)÷4000*2

41000÷8000

=5.125

R=5.125

Answer 2

Answer:

rate =5percent

Step-by-step explanation:

4410=4000 (1+r/100)^2

4410/4000=(1 +r/100)^2

(21/20)^2=(1+r/100)^2

21/20=1+r/100

21/20-1= r/100

1/20=r /100

r=100/20

r=5 percent