at what rate percent per annum will Rs 1642 amount Rs 1968 in 2 whole 1 by 2 years
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According to the given problem,
Principal = 1642 rupees, Amount is 1968 rupees.
Interest = (1968 - 1642) = 326 rupees.
I can't tell you if it's a problem based on Simple interest or compound interest.
If it's a problem of simple interest,
Use the formula : SI = (P×T×R)/100.
and if it's a problem of compound interest,
Use the formula : A= P (1+r/100)^n.
I hope this answers your question sufficiently. You can show your appreciation by thanking me and following me. Happy learning.
Principal = 1642 rupees, Amount is 1968 rupees.
Interest = (1968 - 1642) = 326 rupees.
I can't tell you if it's a problem based on Simple interest or compound interest.
If it's a problem of simple interest,
Use the formula : SI = (P×T×R)/100.
and if it's a problem of compound interest,
Use the formula : A= P (1+r/100)^n.
I hope this answers your question sufficiently. You can show your appreciation by thanking me and following me. Happy learning.
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