Question

at what rate will Rs. 1500 amount to Rs. 2400 in four yrs? *

Answer 1

Answer:

at the rate of 15%per annum

Step-by-step explanation:

S. I=2400-1500=900

900=1500*4*R/100

by solving this we get answer

Answer 2

Answer:

Let the rate be R .

Since , Amount = 2400

Principal = 1500

.°. S.I. = 2400 - 1500 = 900

And time = 4 years ....

Now rate i.e.,

$r = \frac{si \: \times 100}{p \times t}$

$r = \frac{900 \times100}{1500 \times 4}$

$r \: \: = \: 15 \: p.a.$

Answer !!

Step-by-step explanation:

Hope it helps ‼️