Question

the sum of money becomea ₹17640two year and ₹18522 in 3 year at the sume rate of intrest compounded annually find the sum and the rate per annum​

Answer 1

Answer:

Rate per annum is 5.56%

Sum of money is 15874.73

Step-by-step explanation:

17640=P(1+2R/100) - (1)

18522=P(1+3R/100) - (2)

By solving (2)/(1) you get the answer