at what rate percent per annum will the sum of Rs 75000 amount to Rs 84000 in 2 years compounded annually
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Answer:
6 %p.a.
Step-by-step explanation:
A=₹84000
P=₹75000
S.I=A-P
=₹84000-₹75000
=₹9000
S.I=₹9000
T=2y
R=S.I×100/P×T
=9000×100/75000×2
=6
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