sujitkumardas3456
sujitkumardas3456 sujitkumardas3456
  • 12-09-2020
  • Mathematics
contestada

the sum of rs 2400 compounded to rs 2646 in 2 years find the rate of interest​

Respuesta :

lifelongknowledge62 lifelongknowledge62
  • 12-09-2020

Answer:

principal (p) = 2400

Amount (A) =2646

time (t) = 2 years

Interest = A-p

           =2646-2400=246

T = I * 100/(P*T)

  = 246*100/(2400 *2) = 5.125%

Step-by-step explanation:

Answer Link

Otras preguntas

Suppose that you have a computer with a memory unit of 24 bits per word. In this computer, the assembly program’s instruction set consists of 198 different oper
The diameter of a circle is 28 inches. What is the circle's circumference
Which effect did the oil embargo of 1973 have on the oil industry in Texas?
Consider the story of the Three Little Pigs. The Three Little Pigs is a fable about three pigs who build three houses of different materials. A Big Bad Wolf blo
If you work with children, why is it important to be ever vigilant for any signs of child abuse?
Can someone help me with this? I’m not sure if it’s right…
The economy of Romania suffered in the 1990s because of
Was president johnson easier or harder on the southern states and president lincoln?.
What happens to the period of a wave as the frequency increases?.
Cash inflows and outflows related to bonds payable and long-term notes payable are reported on which section of the statement of cash flows?.