A principal amount to 13924 in 2 year by compound interest at 18 p.c.p.a find the principal
Answers
Answered by
4
Hello mate!!
Let the principal be x
x×9÷18=13924÷2
x= 13924/2÷18
18924×2
= 37,848
Hope it helps you!!
Let the principal be x
x×9÷18=13924÷2
x= 13924/2÷18
18924×2
= 37,848
Hope it helps you!!
MuskanTudu:
yes its completely wrong
Answered by
2
Answer:
Here, P = Principal
A = ₹ 13924
R = 18 %
N = 2 years
⇒ A = P × (1+R100)N
⇒ 13924 = P × (1+18/100)²
⇒ 13924 = P × (1+9/50)²
⇒ 13924 = P × (59/50)²
⇒ P = 13924 × 50 × 50/59×59
⇒ P=10000
Hence, the principal is ₹ 10000.
Similar questions