A certain sum when borrowed at 5% per annum compounded annually amounts to Rs. 22050 in two years. The principal is
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4
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Answered by
6
Answer:
20000
Step-by-step explanation:
22050= p * ( 1+ 5/100)^2
= 22050= p * 21/20 * 21/20
= 22050*20*20/21*21= p
= 20000/- = p
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