17. What principal will amount to
20,800 in 2 years at a rate of 5%
per annum?
Answers
Answered by
4
Answer :- It will generate an amount of Rs. 2080
Answered by
3
Answer:
Amount = 20,800
time = 2 year
rate = 5% p.a.
to find p
(p×r×t ) ÷ 100 = 20,800
(p×5×2) ÷ 100 = 20,800
(p× 10) ÷ 100 = 20,800
p ÷ 10 (cut 0s) = 20,800
p= 20,800 × 10
p = 208,000
Maybe
not sure
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