Question

solve question 2 in full solution

Answer 1

Here is your answer...... please mark it as brainliest

Answer 2

Hi


1 ) Investment = principal ( p ) = Rs 3072

after one year ,

amount ( A ) = Rs 3264

interest ( I ) = A - P

I = 3264 - 3072

I = Rs 192

Let the rate of interest = r

r = ( 100 × I ) / pt

= ( 100 × 192 )/( 3072 × 1 )

r = 6.25 %

2 ) principal for next year = Rs 3264

r = 6.25%

time ( t ) = 1 year

amount ( A ) = p( 1 + tr/100 )


A = 3264 ( 1 + 6.25 /100 )

=( 3264 × 106.25 )/100

= Rs3468


Therefore ,

Required rate = 6.25%

amount after 2 years = Rs 3468

I hope this helps you.

: )