Math, asked by sumantkumar559, 16 days ago

The compound interest on a sum of money for 2 years is Rs 249.60 and the simple interest is Rs 240. Find the percentage of money and rate

Answers

Answered by Maisi

0

Answer:

given : S. I. = 240

C.I.= 249.60

T= 2 years

then P= (240) ^2/4(249.60-240)

=240*240/4*9.60

=1500

and R= 2(249.60-240) *100/240

=96/12=8%

Step-by-step explanation:

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