If the compound amounts of a sum of money in 2 yrs and 3 yrs are Rs 13000 and Rs 14300 respectively, find the rate of interest.

Question

Vikas TU · Answer

Difference between c. i. of any two consecutive years is equal to si calculated on small ci for year 14300-13000=P.r.t/100 1300=13000*r*1/100 1300*100/13000=r 10 % =r

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If the compound amounts of a sum of money in 2 yrs and 3 yrs are Rs 13000 and Rs 14300 respectively, find the rate of interest.

If the compound amounts of a sum of money in 2 yrs and 3 yrs are Rs 13000 and Rs 14300 respectively, find the rate of interest.

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If the compound amounts of a sum of money in 2 yrs and 3 yrs are Rs 13000 and Rs 14300 respectively, find the rate of interest.

If the compound amounts of a sum of money in 2 yrs and 3 yrs are Rs 13000 and Rs 14300 respectively, find the rate of interest.

1 Answers

Think You Can Provide A Better Answer ?

Other Related Questions on 10 grade maths

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