Question

at which rate 18000 becomes 27000 in 4 years​

Answer 1

Answer

P = Rs. 1,800, A = Rs. 2,700,

T = 10 years.

I = A - P = 2700 - 1800 = Rs. 900

R=

P×T

100×I

=

1800×10

100×900

=5%