Question

please solve this question fast as you can then I will mark you the brailiest. .

Q1 At what rate percent per annum will a sum of RS 7500 amount to RS 8427 in 2 years compounded annualy​

Answer 1

Answer:

Step-by-step explanation:

P= 7500Rs

A= 8427Rs

T = 2 year

Formula =>

A = p (1 +   {(1  +  \frac{R}{100} )}^{ T}   \\  \\ 7500 + 8427 = 7500(1  +  { \frac{R}{100})}^{2}  \:  \\  \\  \frac{8427}{7500}  =   (1 + { \frac{R}{100})}^{2}  \:  \\  \\  (1 \times + { \frac{R}{100})}^{2}  \:  =  \frac{2809}{2500}  =   {(\frac{53}{50} )}^{2}  \:  \\  \\ (1 +  \frac{R}{100}  =  \frac{53}{50}  - 1 \\  \\  \frac{R}{100}  =  \frac{53}{50}  - 1 \\  \\ R =  \frac{3}{50}     \times  = 6\%per \: annum