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Grade: 10

                        

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.

one year ago

Answers : (2)

Vikas TU
12286 Points
							
Dear student 
 
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
one year ago
Saurabh Koranglekar
askIITians Faculty
8407 Points
							Dear student

576-284_15654408674411098358632.jpg
one year ago
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