Question

At what rate % will a sum of ₹1875 amount to ₹2187 in 2 years??​

Answer 1

Step-by-step explanation:

given

P=1875

A=2187

SI=A-P

=2187-1875

= 312

then,

Rate =SI×100/P×T

312×100/1875×2

= 31200/3750

= 8.32%