Question

Certain sum of money lent out at church. I. , the interests for the first, second and third years are ₹1500, ₹172

5 and ₹2070 respectively. Find the rate of interest for the second and third year. (Without using formula).

Answer 1

Answer:

Step-by-step explanation:

1725-1500=225

X% of 1725=225=>13.043%

2070-1725=245

X% of 2070=245=>11%

I am not 100%sure though

Second year 13.04%

3rd year 11%