Business Studies, asked by sunilpnd3792, 1 year ago

Given that the interest is only earned on principal,if an investment of rs.1000.00 amounts to rs.1440.00 in 2 yers,then what is the rate of interest earned?

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Answered by Anonymous
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Explanation:

A certain sum amounts to Rs. 7350 in 2 years and to Rs. 8575 in 3 years. ... B. Sum = Rs. 5400 and Rate= 14 2/3 %. .... Given that the interest is only earned on principal, if an investment of Rs.1000.00 amount to .

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