5. Find what sum will amount to Rs. 6050 in 2 years at 10% per annum compound
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Answer:
Principal=?
Amount=6050
Time=two years
Rate=10%
Amount=p( 1+r )t
100
6050=p(110)
......
100
6050= p×110
6050×100 =p×110
605000
=p
110
Answer=1000
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