Question

(1) R's
3. Find the sum of money which becomes
(1) Rs 1,323 in 2 years at a compound interest rate of 5%
(ii) Rs 6,655 in 3 years at a compound interest rate of 10 %
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Answer 1

Answer :

Let amount be X  

X(1+5/100)^2=1323  

X=1200

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