At what rate percent per annum simple interest will RS 66000 amounts to Rs 72720 in 2 years?

0	Share this answer

I=67206720=66000*R*2/1006720=660*2*R672=132R

R=5.09%

Scholr is India's Largest Knowledge Sharing Platform. Send Your Questions to Experts.

Ask

Get the answer to your homework problem.

Try Numerade free for 7 days

Chandigarh University

We don’t have your requested question, but here is a suggested video that might help.

At what rate of interest compounded semi-annually will 21,590.00 accumulate to 26,900.00 in 2 years?

Distribute the referral code to your friends and ask them to register with Tutorix using this referral code.

Once we get 15 subscriptions with your referral code, we will activate your 1 year subscription absolutely free.

Your subscribed friend will also get 1 month subscription absolutely free.

Uh-Oh! That’s all you get for now.

We would love to personalise your learning journey. Sign Up to explore more.

Sign Up or Login

Skip for now

Uh-Oh! That’s all you get for now.

We would love to personalise your learning journey. Sign Up to explore more.

Sign Up or Login

Skip for now