Math, asked by 1134mohd, 9 months ago

Rani invests sum of Rs. 1000 and after 2 years it amounts to Rs. 1210. Find the rate of interest if compounded annually.

Answers

Answered by HarshitLegend465

17

Answer:

SI = ₹(1210-1000)

= ₹210

SI = P× R× T/100

210=1000×R× 2/100

R= 210×100/1000×2

R= 21/2%

R= 10 whole 1/2 %

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