find the rate per cent per annum ₹350 yields ₹ 105 in 6 year
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Answered by
43
The answer is 5%
According to the question, if you invest Rs.350 you will get a return of Rs.105 in 6 years.
This equals to jsut Rs.17.5 every year.
If you divide 17.5 by 350 and then multiple it by 100 you will get the answer i.e. 5%
Answered by
44
The question says, if you invest 350 Rs. you will get a return of 105 Rs. in 6 years.
This means that you will get 17.5 Rs. every year.
In order to find the percentage, you will have to divide 17.5 by 350 and multiply it by 100.
17.5÷350=0.05
0.05×100= 5%
So, the answer is 5%.
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