a certain sum of money amount to Rs678 in 2 years and to Rs 736.50 in 3 1/2 years. what is the principal?
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Solution :
A=P(1+RT100)
678=P(1+R⋅2100)−(1)
736.5=P(1+R⋅(72)100)−(2)
dividing equation 1 and 2
678736.5=1+2R1001+R100
solving this
R=6.5%
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Dude this is maths
First think and then ask
First think and then ask
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