Business Studies, asked by nikki7186, 1 year ago

A certain sum amount to rs 5832 in 2 yr at 8% per annum compound interest, the sum is

Answers

Answered by InvincibleBoy
68
Heyyyyyyyy!!!!!

Answer Of Your Question☺️☺️☺️
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Let the sum=p

as we know,

Compound Interest

=p(1+r/100)^t

so,,,

p(1+8/100)^2=5832

=>p(108/100)^2=5832

=>p(27/25)^2=5832

=>p=5832×25/27×25/27

=>p=5000

To, the Money Rs 5000.
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Hope My Answer Helped You✌️✌️
___________________________
Answered by Anonymous
15

Explanation:

Heyyyyyyyy!!!!!

Answer Of Your Question☺️☺️☺️

------------------------------------------------

Let the sum=p

as we know,

Compound Interest

=p(1+r/100)^t

so,,,

p(1+8/100)^2=5832

=>p(108/100)^2=5832

=>p(27/25)^2=5832

=>p=5832×25/27×25/27

=>p=5000

To, the Money Rs 5000.

------------------------------------------------

Hope My Answer Helped You✌️✌️

  1. ___________________________
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