Math, asked by sharma06shubhi, 9 months ago

Sujay invested an amount of rs.16000 for two years at compound interest and received an amount of rs. 17640 on maturity.What is the rate of interest?

Answers

Answered by devrai123

2

Answer

The formula -A=P*(1+R÷100)×time

17640=16000×1+r÷100×2

solve this u will get the value for r and r is rate of interest

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