The ratio of the amount for two years under ci annually and for one year under si is 6:5 when the ratio of interest is same then the value of the rate of interest is
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it appears like the question is taking about the ratio of the final amounts after adding the interest to the principal. Assuming this is the case.
Let Principal = P, Rate = R% per annum
P(1+R100)2P(1+R×1100)=65(1+R100)=65R100=15R=20P(1+R100)2P(1+R×1100)=65(1+R100)=65R100=15R=20
Rate of interest = 20%
may be understand u
Let Principal = P, Rate = R% per annum
P(1+R100)2P(1+R×1100)=65(1+R100)=65R100=15R=20P(1+R100)2P(1+R×1100)=65(1+R100)=65R100=15R=20
Rate of interest = 20%
may be understand u
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