Math, asked by sunny0909, 11 months ago

A certain sum amounted to 4500 which is 3\2 times the principal during the interval of 5 years. Find the sum and the rate of interest.​

Answers

Answered by Anonymous
14

Step-by-step explanation:

Given details are,

Rate = 5 % per annum

Compound Interest (CI) = Rs 164

Time (t) = 2 years

By using the formula,

Let P be ‘x’

CI = A – P

164 = P (1 + R/100) n – P

= P [(1 + R/100)n – 1]

= x [(1 + 5/100)2 – 1]

= x [(105/100)2 – 1]

164 = x ((1.05)2 – 1)

x = 164 / ((1.05)2 – 1)

= 164/0.1025

= Rs 1600

∴ The required sum is Rs 1600

Answered by ranoorao67
3

Answer:

SI=P×R×T/100

answer not know

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