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At what rate percent per annum of Compound Interest,will Rs 5000 amount to Rs 5618 in 2 years,interest being compounded yearly.At the above rate of

interest what will Rs 50000 amount to in 3 years?


Rate of Interest =6%p.a Rs 50000 will amount to Rs 1,38,888.89 in 3 years compounded at 6% p.a
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Explain it
So from this formula we get R=6%.....then applying the same formula for second question we get Rs 50000 will amount to Rs138888.89 in 3yr compounded 6% p.a
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