Math, asked by Jayant925user, 8 months ago

What rate of percent will a sum of 640 rupees be compounded to 774.40 in 2 years

Answers

Answered by keshavsharma938
1

Answer:

P=620 Rs.

A=774.40 Rs.

t=2 yrs

A=P(1+

100

r

)t

=774.40=620(1+

100

r

)

2

=(11/10)

2

=(1+r/100)

2

=

10

11

=1+

100

r

10

1

=

100

r

∴r=10%.

solution

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