Math, asked by AnannyaSampada, 3 months ago

In two successive years the interest on a certain sum at CI payable annually is 350/- and 420/-.Find the rate of interest

Answers

Answered by prasanthikuchipudi

1

Answer:

Rate is 20%

Step-by-step explanation:

CI for 1 year R=350 (1)

CI for 2nd year 2R+R^2/100=420 (2)

by diving (1) by (2)

R/2R+R^2/100=350/420

6R=5R(1+R/100)

600=500+5R

R=20%

Previous Question

Next Question

Similar questions

English, 1 month ago

There are great numbers of deer around here.this whole area is great country for hunters and fishermen.there are bears,mountain lions, and coyotes .to the east there are streams full of trout, and there are ducks and geese.

Math, 1 month ago

Find the largest 3 digit number divisible by 12, 15 and 18.

Math, 1 month ago

what is the sqare root of 56...

Chemistry, 3 months ago

hello, I have an update requested by @English050. the guy I've like for 2 years name is Marcos and he texted me during the halftime show asking me to meet him at 7 tmrw wish me luck yall!!! I just hope it ain't bad news...

Computer Science, 3 months ago

please answer these detail question...

Math, 9 months ago

what is meaning of communication ...

CBSE BOARD X, 9 months ago

advantages and disadvantages of despotic ruling...

Biology, 9 months ago

1. What is megasporogenesis? 2.)Describe the structure of anatropous ovule with lebel diagram 3.)explain the term- sycarpous flower -Anatropous ovule 4.)what is the function of placenta? 5.) Name the following- a) Central parenchyamatous tissue in ovule- b) Female gametophyte- c) Flower with many free carpel- d) Individual member of gynoecium-...