Question

6. Find the sum on which the compound interest
for 3 years at 10% per annum amounts to rs1655??
​

Answer 1

Answer:

Step-by-step explanation:

Let P be the principal on which compound interest CI = Rs 1655

CI = P [1 + r/100]^n - P

Where r is rate of interest = 10% and n is period 3 years.

1655 = P [1 + 10/100]^3 - P

1655 = P [1.1]^3 - P

1.1^3 = 1.331

Therefore, 1655 = 1.331P - P = 0.331P

Thus, P = 1655/0.331 = 5000

Therefore, the sum is Rs 5000

PLEASE MARK ME AS BRAINLIEST

Answer 2

Step-by-step explanation:

hope it helps..

mark my answer as brainliest plz....

Follow me to... plz....