Math, asked by Anonymous, 4 months ago

The compound interest on a certain sum for 2 years is Rupees 41 and simple interest is 40 Rupees . Then the rate per annum is?

Answers

Answered by prasanthikuchipudi

4

Answer:

5%

Step-by-step explanation:

CI-SI => 41-40

= 1/40*100

=2.5% for 1 year

then, 5% for 2 years

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