At what rate percent per annum C I of 5000/- will amount to 5832/- in 2 years - Maths - Exponents and Powers

Question

At what rate percent per annum C I of 5000/- will amount to 5832/-
in 2 years

Pranay Loya · Accepted Answer

Dear Student,
Given- Amount= Rs 5832, Principle= Rs 5,000, Time= 2 years
A=P1+R100n5832=50001+R100258325000=1+R100229162500=1+R1002Taking root on both the sides5450=1+R1005450-1=R100450=R100R=450×100=8%

Regards

At what rate percent per annum C.I. of 5000/- will amount to 5832/- in 2 years .........