1.

A Sum Of Money Invested At Compound Interest Amounts To Rs. 800 In 3 Years And To Rs. 840 In 4 Years. The Rate Of Interest Per Annum Is?

Answer»

S.I. on RS.800 for 1 YEAR

=Rs[840 - 800]

= Rs.40

RATE

=(100x40/800x1)%

= 5%.

S.I. on Rs.800 for 1 year

=Rs[840 - 800]

= Rs.40

Rate

=(100x40/800x1)%

= 5%.



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