find the rate of compound interest for ₹10000amount to 11000 in 2 years​

Question

find the rate of compound interest for ₹10000amount to 11000 in 2 years​

in progress 0
Luna 1 month 2021-10-28T00:13:27+00:00 1 Answer 0 views 0

Answers ( )

    0
    2021-10-28T00:14:28+00:00

    Answer:

    Rate=4.8%p.a.

    Step-by-step explanation:

    P= 10000RS.

    A=11000RS.

    T=2yrs.

    A=P(1+r/100)^2

    =>11000=10000(1+r/100)^2

    =>11000 =(1+r/100)^2

    10000

    =>11/10=(1+r/100)^2

    =>sq.root of 11/10=1+r/100

    =>1.048-1=r/100

    =>0.048=r/100

    =>r=0.048×100

    =>r=4.8%p.a.

    MATE PLS ADD ME IN BRAINLIST...PLS PLS ....I WILL SOLVE UR ALL PRBLMS AND FOLLOW U.

Leave an answer

Browse

14:4+1-6*5-7*14:3+5 = ? ( )