Question

sum of money amounts to 2200 at 15% per annum in 2.5yrs.the sum is?​

Answer 1

Answer:

$3025

Step-by-step explanation:

Sum of money is 2200 at 15%.

We can also say that at it's

15%    for   1 years

37.5%  for   x years??

Cross multiplication gives 2.5 years, therefore our theory is correct. The percentage will be at 37.5%.

37.5% of 2200 = 825.    2200+825 = 3025.