Question

what rate of percent per annum a sum of money will become 11/10times in 4 years​

Answer 1

Answer:

Rate is 2.5 % per annum

Step-by-step explanation:

Principal = 10 rs

amount = 11 rs

then intrest is = 1 rs = 10 % (1/10×100)

still intrest is in 4 years so => 10/4 = 2.5 %