Question

13. Find the principal on which the compound interest for 2 years at 8 p.c.p.a.
is rs 41600
The answer is 2,50000 but how pls solve my question
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Answer 1

Step-by-step explanation:

c.i=a-p

c.i=p(1+r/100)t-p

41600=p(1+8/100)^2-p

41600=p(27/25)^2-p

41600=729/625p-p

41600=(729p-625p)/625

41600=104p/625

p=(41600×625)/104

p=250000

pls marks as brainliest