saksham1222 saksham1222

06-01-2024
Mathematics

contestada

a sum becomes rs 22000 in 1 year and rs 26620 in 3 year interest being compounded annually. find rate

Respuesta :

kaflerojiska43 kaflerojiska43

06-01-2024

Answer:

principle=22000

interest=26620

time=3yrs

rate=?

now,

rate= I*100

P*T

26620*100

22000*3

rate= 363 percent

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