a certain sum amounts to Rs 1331 in 1½ years at 20% p.a. compound intrest compounded half yearly. determine the sum.
Answers
Answered by
232
Hello Mate!
Amount = Rs 1331
Time = 3/2 = 3 half years
Rate per annum = 20% = 10%
A = P( 1 + r/100 )^n
1331 = P ( 1 + 10/100 )^3
1331 = P( 110/100)^3
1331 × 100/110 × 100/110 × 100/110 = P
1000 Rs = Principle
Hope it helped ☺
Amount = Rs 1331
Time = 3/2 = 3 half years
Rate per annum = 20% = 10%
A = P( 1 + r/100 )^n
1331 = P ( 1 + 10/100 )^3
1331 = P( 110/100)^3
1331 × 100/110 × 100/110 × 100/110 = P
1000 Rs = Principle
Hope it helped ☺
kotaditi:
whhich class r u
8th and i have done many sums like this
even i am 8th
oh okk
nice meeting u
my pleasure
bye
and i think you must ask your teacher because may be answer printed back is wrong
yeah may be
bye
Answered by
49
hope you understand it
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