Math, asked by Anonymous, 9 months ago


If the amount bf Rs. 400/- for 2 years is 441 then find the annual rate of compound interest


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Answers

Answered by khushi02022010
7

Answer:

★Rs. 486

Step-by-step explanation:

According to the given condition

441 = 400(1  + \frac{r}{100}   {)}^{2}

 = 441(1 +  \frac{r}{100} {)}^{2}

 = ( \frac{21}{20} {)}^{2}  = (1 +  \frac{r}{100} {)}^{2}

 =  \frac{21}{20}  = 1 +  \frac{r}{100}

 =  \frac{21}{20}  - 1 =  \frac{r}{100}  =  >  \frac{r}{100}  =  \frac{1}{20}

R = 50 %

New rate = 5 + 5 = 10 %

 = > 400 \times  \frac{11}{10}  \times  \frac{11}{10}  = rs.484

Hope it's help you.....

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