Math, asked by kahkashanshahid5, 5 months ago

find principal and amount when rate per annum at 6% years is equal to 2% and compound interest equal to 618

Answers

Answered by thanmayi63

0

First year SI =Rs
2
600

=Rs300
CI−SI=618−600=Rs18
Interest on Rs 300 for 1 year = Rs 18
Interest on Rs 100 for 1 year Rs
30
18×100

= Rs.6
∴rate=6%

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