Ranjan invests rupees 15360 for 2 years at a certain rate compounded annually At the end of one year, - Maths - Mensuration

Question

Ranjan invests rupees 15360 for 2 years at a certain rate
compounded annually At the end of one year, it amounts to 16320
Calculate (i)the rate od interest (ii)the amount at theend of
second year

Kamal Singh · Accepted Answer

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Ranjan invests rupees 15360 for 2 years at a certain rate compounded annually. At the end of one year, it amounts to 16320. Calculate (i)the rate od interest (ii)the amount at theend of second year.