Question

At what rate percent per annum will P250 amount to P330 in 4 years?

Answer 1

Answer:

hope this is helpful

Answer 2

Answer:

S. I. = (PXRXT) /100

here we have S. I. = 330-250=80

P=250

T=4 YEARS

80 = (250xRx4)/100

80=1000 xR/100

R=80/10

R=8%per annum

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