maitreyi deposited ₹750 every month for 5 years in a recurring deposit account . if she received ₹62156.25 find the rate if interest
Answers
Answered by
0
principle -₹750
time-5 yrs
rate of interest-?
money received- 62156.25
l=prt
62156.25=750×R×5
62156.25=3750R
62156.25/3750=R
R=16.575
Similar questions