Question

find the rate percent per annum if compounded yearly principal is equal to rupees 196 amount is equal to rupees 225 time is equal to 2 years

Answer 1

Answer:

I don't know if this is the answer

Step-by-step explanation:

196 + 225+ 2= is 423

or 196 - 225 - 2= 31

or 196 / 225 / 2= 0.4355555555555556

or 196 x 225 x 2= 88,200

Answer 2

Dear Student,

● Answer -

Rate percent = 7.14 %

● Explanation -

# Given -

Total payment = 225 Rs

Principal = 196 Rs

Time = 2 years

# Solution -

Total due after compounding interesting

Total payment = P (1 + r)^t

225 = 196 (1 + r)^2

225/196 = (1 + r)^2

Taking root on both sides -

15/14 = 1 + r

r = 15/14 - 1

r = 1/14

r = 1/14 × 100 %

r = 7.14 %

Hence, rate percent is 7.14 %.

Thanks dear. Hope this helps you..