if 250rs amounts to 285rs in 2years find the rate per cent annum
Answers
Answered by
1
7%- ans
solution
285-250=35
35÷2=17.5
therefore we get 17.5 rs each year as interest
17.5 is 7% of 250
solution
285-250=35
35÷2=17.5
therefore we get 17.5 rs each year as interest
17.5 is 7% of 250
Answered by
4
HEY UR ANSWER IS HERE....
P=250
A=280
N=2
R=?
⇒A − P = PRN/100
⇒285 − 250 = 250×R×2/100
⇒35 = 5R
⇒R = 7 % p.a.
Hope this would clear your doubt about the topic
P=250
A=280
N=2
R=?
⇒A − P = PRN/100
⇒285 − 250 = 250×R×2/100
⇒35 = 5R
⇒R = 7 % p.a.
Hope this would clear your doubt about the topic
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