a certain sum amounts Rs 297 0.25 in 2 years at 9% per annum compounded annually. find the sum
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Answered by
156
Amount= P(1+ r/100)^n
2970.25= P(1+9/100)^2
2970.25= P(109/100)^2
297025/100 × 100/109 × 100/109 = Principal
Rs 2500= Principal
Hope it helped
2970.25= P(1+9/100)^2
2970.25= P(109/100)^2
297025/100 × 100/109 × 100/109 = Principal
Rs 2500= Principal
Hope it helped
Answered by
117
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