At what rate percent per annum will rs. 3600 amount to rs. 4734 in 3 1 2 years?
Answers
Answered by
1
P = 3600, SI = 4734 - 3600
= 1134, T = 9/2 years, R =?
We know,
SI = P*R*T/100
1134 = 3600*R*9/200
R = 1134/18*9
R = 126/18
R = 7%
Therefore,
Rate of Interest = 7%
Similar questions