Math, asked by AkkshithaLakshmanang, 12 hours ago

if the amount is Rs.625 and is compounded annually and is invested for 2 years and interest = Rs 5. Find the rate of interest?

Answers

Answered by mrinalkantipaul079

0

Answer:

Step-by-step explanation:

Given amount=Rs 625

Interest=Rs 5

Rate of interest=PRT/100

= 625x5x2/100=Rs 62.5

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