Question

Find the rate percent at which a sum of money becomes $\frac{125}{64}$ of itself in 3 years.

Answer 1

$A=\frac{125x}{64}$
P = X
$\frac{125x}{64-x}=\frac{125x-64x}{64}=\frac{61x}{64}$
$\frac{61x}{64}=\frac{x^{\ast }{3}^{\ast }R}{100}$
$\frac{6100}{192}=R$
$31.77\%=R$