T.D = (B.G * 100) / (Rate * Time)
(24*100) / (10 * 2)
= 120.
P.W = (100 *T.D) / (Rate * Time)
= (100 * 120) /(10 * 2)
= 600
Let T.D. be Re. 1.
Then, B.D. = Rs.11/10= Rs. 1.10.
Sum = Rs. (1.10*1)/(1.10-1) = Rs. (110/10)= Rs. 11.
S.I. on Rs. 11 for 2 years is Rs. 1.10
Rate = [(100 x 1.10)/(11 x 2 )]% = 5%.
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