Question

at what rate percent per annum will rs 1650 amount to rs 2046 in 3 years

Answer 1

interest rate is 8% per annuam

Answer 2

Answer:

8%

Step-by-step explanation:

given,

principal= 1650

amount= 2046

SI= A - P

=> 2046-1650

=>396

time= 3 years

rate = ?

rate = SI × 100/ P ×T

=> 396×100/1650×3

=> 39600/4950

=> 8

hence,, the required rate is 8% per annum