Business Studies, asked by shashichoudhary1327, 10 months ago

The amount is 3 3/8 times the sum after 3 years at compound interest compounded annually then the rate of interst per annum is

Answers

Answered by Anonymous
1

Explanation:

The rate of interest per annum is: ... After 3 years he had to pay Rs. 5400 interest only for the period. ... same sum for 8 months at 12½% per annum by Rs.32.50

Similar questions