solve thiss question...............
Attachments:
Answers
Answered by
3
hope it helps you
plz mark me as branlest
plz mark me as branlest
Attachments:
siddhartharao77:
Dont chat here sir..Please
hi!!are you there
No more comments
why????
U r not allowed to chat in comment section. In box is for chatting
but I am not chatting with you!!!!
U should not chat with anyone... Don't disturb others..
Answered by
0
Given, P = 4000, Time n = 2 years, A = 4410.
We know that A = P(1 + r/100)^n
⇒ 4410 = 4000(1 + r/100)^2
⇒ 4410/4000 = (1 + r/100)^2
⇒ 441/400 = (100 + r/100)^2
⇒ (21/20)^2 = (100 + r/100)^2
Now,
⇒ 21/20 = 100 + r/100
⇒ 100(21) = 20(100 + r)
⇒ 2100 = 2000 + 20r
⇒ 100 = 20r
⇒ r = 5%.
Therefore, the rate of interest = 5%.
hope it helps!
Similar questions