A sum amount to rs 8820 in 2 years and rs 9261 in 3 years in 3 years compound annually find the rate and the sum
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Krutika1529
16.09.2019
Business Studies
Secondary School
+13 pts
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A sum amounts to 8820 in 2 years and rs 9261 in 3 years compounded annually find the rate and the sum
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aditijaiswal810
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Answer:
INTEREST=9261-8820
=441
r=100×interest/p×t
r=100×441/8820×1
r=5%
NOW ASSUMING P=x find the principle.
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