Math, asked by Bhavika8C, 5 months ago

If Rs. 600 amounts to Rs. 683.20 in two years compounded annually , find the rate of interest per annum .

Answers

Answered by nandinivenna05

1

7% p.a

Step-by-step explanation:

principal amount 600

amount rs 683.20

time 2 years

then =683.20/699

1.14

taking square root

(1+R) =✓1.14

R is 1.07-1=0.07 or 7%

Answered by PROBANDA2020

0

Answer:

ans is 8%

Step-by-step explanation:

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