Question

the amount of rs 1250 after 2year is rs 1352. find the rate of interest​

Answer 1

Answer:

Using the formula, A = P(1+R100)nP(1+R100)n

=> 1352=P(1+4100)2P(1+4100)2

=> 1352=P(1.04)2P(1.04)2

P=1352(1.04)21352(1.04)2=RS.1250

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