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**shweta mane****Guest**

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?

**bobbym****Administrator**- From: Bumpkinland
- Registered: 2009-04-12
- Posts: 93,776

Hi shweta mane;

Welcome to the forum. I do not understand the question, could you clarify what you want?

**In mathematics, you don't understand things. You just get used to them.**

**I agree with you regarding the satisfaction and importance of actually computing some numbers. I can't tell you how often I see time and money wasted because someone didn't bother to run the numbers.**

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