Question

4. The principal that amounts to Rs 4913 in 3 years at 6 1/4 per annum compound interest,
compounded annually, is
(a) Rs 3096
(b) Rs 4076
(c) Rs 4085
(d) Rs 4096​

Answer 1

Answer:

Rs3096 ye h iska answer ok

Answer 2

Answer:

Rs 4096

Step-by-step explanation:

GIVEN

A= 4913

N=3

R=61/4=25/4

P=?

THEREFORE 4913=P(1+25/400)³

≈ 4913=P(1+1/16)³

≈ 4913=P( 17/16 )³

⇒4913=P× 4096/4913

= 4913×4096/4913=P

=4096=P

⇒P= Rs. 4096

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