We were given a puzzle to solve in our tution. But the answer was not accurate. So I want to ask you to help me
Situation is as follows:
A vegetable seller takes Rs.100 (Indian rupee) from a creditor and at the end of the day would pay him Rs.101 in return. He would do the same everyday. So what would be the rate of interest annually?
Hi shweta mane;
Welcome to the forum. I do not understand the question, could you clarify what you want?
If it ain't broke, fix it until it is.
A number by itself is useful, but it is far more useful to know how accurate or certain that number is.