Question

9. On what principal the amount will become * 676 in 2 years at the rate 4% p.a. interest compounded annualy is ruppes 102
Who will give the answer i will mark as briallent answer
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Answer 1

Answer:

625

Step-by-step explanation:

Given, amount will becomes 676 after 2 years.

e.g., A = 676 Rs.

time taken , n = 2 years

rate of interest , r = 4 % per annum.

use formula, A=P(1+\frac{r}{100})^nA=P(1+

100

r )

n

676 = P(1 + 4/100)²

676 = P(1 + 1/25)²

676 = P(26/25)²

676 = P × 26 × 26/(25 × 25)

676 = 676P/625

P = 625 Rs.

Hence, principal is 625 rs.