A loan was repaid in two annual instalments of Rs.3,630 each. If the rate of interest be 10% per annum compounded annually, then find the sum that was borrowed?
Answers
Answered by
1
Step-by-step explanation:
here we have, l =Rs 1210 R=10%
The sum borrowed =(1210_ 10 +1 + 100 +1210_10 (
(1+100)2
The sum borrowed =(1100+1000)= Rs 2100
MARK ME AS BRAlNLIEST
Similar questions