Math, asked by kartik30, 1 year ago

find the rate of interest by which a sum will itself in 16 years

Answers

Answered by luckkyramyasist

0

6 ¼%

Description :
Let principal = P.
Then, S.l. = P
and T = 16 yrs.
Rate = (100 * P)/(P * 16)%
= 6 1/4% p.a.

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