Question

If a certain sum of money of rs 225 amounts to rs 256 in two years . Find the ratw of ci

Answer 1

Answer:

256=225(I +r/loo) 2

(I+r/loo) 2 = 256 / 225

I+r/loo=v256/225=16/15

r/loo=16/15 - I=1 / 15

r = loo/i5=6 2/3%

Ans: 6 2/3%

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