Question

A certain sum of money returns ₹ 3240 at the rate of 20% per annum compound interest in 2 years, such that interest is being compounded annually. Find the principle amount. A : 2000 B: 2050 C : 2200 D : 2250

Answer 1

Answer:

sum of money return 32 40 at the rate of 20 per annum compound interest in 2 years such that interest is beginning compounded annually find the principal amount a 200v 250 c220d 2250 answer is 2254