Investment

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X deposited Rs. 100000 on retirement in a bank which can be withdrawn Rs. 16274 annualy for a period for 10 yrs . what is the interest rate. Sir can u help me solving this problem, sir pls don't put formula simply, pls explain with detail.
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X deposited Rs. 100000 on retirement in a bank which can be withdrawn Rs. 16274 annualy for a period for 10 yrs . what is the interest rate. Sir can u help me solving this problem, sir pls don't put formula simply, pls explain with detail.  


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