Question

Mani deposited Rs.10000 today and is promised Rs.17000 at the end of 8years. What is the
annual rate of interest?

Answer 1

Step-by-step explanation:

I= A-P

A= 17000

P= - 10000

I= 7000

R= I×100 by p×t

=7000×100by10000×8

then first cut them

then u will get answer 35by

then divide 35 by 4

then

R=8 3by4