If the amount is 9 by 4 times the sum after 2 years at compound interest the rate of interest per annum is
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Answer:
here your answer...........
Step-by-step explanation:
Let
Sum be X then A =9X/4.
T = 2 years.
R = ?
atq
9X/4= X(1+R/100)*2
(3/2)= (1+R/100)
3/2 = 1+ R/100
R/100 =3/2 - 1
R =1/2(100)
R = 50%
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