Math, asked by tanishh47, 10 months ago

a certain sum of money yield ₹927 as compound interest in 2 years time at 6% yearly find the sum

Answers

Answered by sneha12614

13

Answer:

₹ 7500

Step-by-step explanation:

Given : compound interest-927

time-2years

rate-6%

principal-?

CI=P[(1+r/100)^n-1]

927=P[(1+6/100)²]

972=P[(53/50)²-1]

972=P [ 2709-2500/2500]

P=927×2500/309

P=2500×3

Principal (P)=7500

Hope this helps you :D

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