solve plz 9 th number
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12% an year will be the correct answer I guess, sorry I'm wrong and welcome if I'm ckrrect
shashidaz34:
thnx bro but sorry to say answer is 5 percent
sorry bro for giving wrong amswer
nah never mind
Answered by
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given
principal = 6000
time = 2 years
amount = 6615
___________________________________
amount = principal [1+r/100]^n
6000× 1+r/100^2= 6615
1+r/100^2 = 6615/6000
[1+r/100]^2 = 1321/1200
[1+r/100]^2 = 441/400
[1+r/100]^2= (21/20)^2
square square are cancelled
now
1+r/100 = 21/20
r/100 = 21/20-1
r/100 = 21-20/20
r/100 = 1/20
rate = 1×100 /20
rate of interest = 5%
hope it helps you
principal = 6000
time = 2 years
amount = 6615
___________________________________
amount = principal [1+r/100]^n
6000× 1+r/100^2= 6615
1+r/100^2 = 6615/6000
[1+r/100]^2 = 1321/1200
[1+r/100]^2 = 441/400
[1+r/100]^2= (21/20)^2
square square are cancelled
now
1+r/100 = 21/20
r/100 = 21/20-1
r/100 = 21-20/20
r/100 = 1/20
rate = 1×100 /20
rate of interest = 5%
hope it helps you
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