Question

0. The compound interest earned in two years at 12% per annum is Rs.10176.

What is the sum (in Rs.) invested?​

Answer 1

Answer:

Compound Interest = Rs. 2063.76

principal = Rs. 8112.24

Step-by-step explanation:

A=P(1+r/100)^n

10176 = P (1+ 12/100)^2

10176 = P ( 1+3/25)^2

10176 =P ((25+3)/25)^2

10176 = P (28/25)^2

P = 10176 (25/28)^2

P = 10176 ×25/28×25/28

P = Rs.8112.24

CI =A - P

= 10176 - 8112.24

= Rs.2063.76