Question

The compound interest on rupee 6,000 for 2 year is rupee 1260 .Find the rate of interest​

Answer 1

Answer:

10%

Step-by-step explanation:

Here

P=6000

I=1260

n=2

thus A=I+P=6000+1260=7260

We know

A=P(1+R/100)^n

7650=6000(1+R/100)²

(100+R)²=7620

(100)² 6000

(100+R)²=121

100² 100

100+R=11

100 10

100+R=110

R=10

Answer 2

Answer:

10

Step-by-step explanation:

go through the pic and hope u will make out...