find the rate of interest for a sum which becomes 216 / 125 times of itself in 3 years when compounded annually
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in the case of c.i.
R = ³√(216 / 125)
=6/5. so p=5 and A=6
now s.i. = 6-5= 1
s.i. rate = 100 / 5 × 1 =20%
R = ³√(216 / 125)
=6/5. so p=5 and A=6
now s.i. = 6-5= 1
s.i. rate = 100 / 5 × 1 =20%
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