If  Rs40000 amounts to Rs46305 in 1 1/2 years,compound interest payable half yearly,find the rate of interest per annum.

 

Asked by srs022 | 30th Oct, 2018, 07:16: PM

Expert Answer:

A=46305
P=40000
T=3/2 years
the formula for compound interest half yearly is
sub and find R

Answered by Arun | 31st Oct, 2018, 09:50: AM