Question

Farookh has deposited rupees 8000 with finance company for period of 1 year . The company credits the interest quarterly . He received rupees 9724.05 after one year . Find the rate of interest per cent per annum . HINT:- SOLVE WITH THE FORMULA OF COMPOUND INTEREST AND THE ANSWER SHOULD BE 20 % ... PLZ SOLVE AND THE WRONG ANSWERS AND SPAM WILL BE REPORTED ​

Answer 1

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