Question

If a sum of Rs 15,000 earns compound interest of Rs 2496 in 2 years, compounded yearly then the rate of interest is :

Answer 1

Answer:

Step-by-step explanation:

What is the compound interest on Rs. 15000, if Mike took loan from a bank for 221​ at 8% per annum, compounded quarterly? MEDIUM · Share. Study later ... P= Rs. 15000,r=20%,n=4 and t=2.5 years ... Kamala borrowed Rs 26,400 from a Bank to buy a scooter at a rate of 15% p.a. compounded yearly.

Missing: fa ‎| Must include: fa