9514 1404 393
Answer:
₹172.25 at 4.5%
Step-by-step explanation:
The growth factor is the ratio of the values at the end and beginning of the second year:
multiplier = 188.10/180 = 1.045 = 1 + 4.5%
The amount put out is the amount at the end of the first year, divided by this growth factor.
P = A/(1+r) = 180/1.045 = 172.25
The sum put out is ₹172.25, and the rate of interest is 4.5%.
