Question

at what rate percent per annumwill rs 640 amount to 774.40 in 2 years when compound annually​

Answer 1

Answer:

P 640

A 774.40

T 2 years

Now SI = amount- principle

= 774.40-640

= 134.4

Now R = SI×100/P×T

= 134.4×100/640×2

= 10.5%

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