if the amount is 9/4 times the sum after 2 years at compound interest. find the rate
Answers
Answered by
35
Here is your answer
Let Sum be X then A =9X/4.
T = 2 years. R = ?
ATQ
9X/4= X(1+R/100)*2
(3/2)*2= (1+R/100)*2
3/2 = 1+ R/100
R/100 =3/2 - 1
R =1/2(100)
R = 50%
ANSWER
Hope it helps you
Let Sum be X then A =9X/4.
T = 2 years. R = ?
ATQ
9X/4= X(1+R/100)*2
(3/2)*2= (1+R/100)*2
3/2 = 1+ R/100
R/100 =3/2 - 1
R =1/2(100)
R = 50%
ANSWER
Hope it helps you
Answered by
1
answer of this question is :50% I also have got the same ans
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