Question

sum of money lent out.
30 The amount at compound interest which is calculated yearly on a certain sum of
is 1250 in one year and 1375 in two years. Calculate the rate of interest.
31 The simple interest on a certain sum for 2 verois Fh
money​

Answer 1

Answer:

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Answer 2

Answer:

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Step-by-step explanation:

It is given that

Amount after one year = 1250

Amount after two years = 1375

Here the difference = 1375 - 1250 = 125

So 125 is the interest on 1250 for 1 year

We know that

Rate of interest = (SI×100)/(P×t)

Substituting the values

=(125×100)/(1250×1)

= 10%

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