Question

Find the rate percent at which Rs. 5000 earns Rs. 512.50 in 2 years if compounding done annually.​

Answer 1

Answer:

Answer:Rs5900 is the correct answer hope this helps you ... Rs 5000 compounded annually or 2 years 6 months at the rate of 10% per annum. 1.

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Answer 2

Answer:

No. the answer will be rate of interest=5%

Step-by-step explanation:

principal= rs 5000

c.i.=rs 512.50

amount = rs 5512.5

so, amount=p(1+r/100)^n

→5512.5= 5000(1+r/100)²

→5512.5/5000 = (1+r/100)²

→55125/50000=(1+r/100)²

→441/400=(1+r/100)²

→√441/400=√(100+r/100)²

→21/20=100+r/100

→21/20*100= 100+r

→105-100=r

→ r =5%

☺️answer given ☺️