a sum amounts to Rs 1323 in 2 years at 5% per annum,the interest is compounded annually.Find the sum
Answers
Answered by
1
Amount = Rs.551.25
Time = 2 years
Rate = 5%
551.25=P(1+5100)2551.25=P(1+5100)2
= P(105100)2P(105100)2
= P(2120)2P(2120)2
P - 551.25X2021×2021551.25X2021×2021
= Rs.500
Time = 2 years
Rate = 5%
551.25=P(1+5100)2551.25=P(1+5100)2
= P(105100)2P(105100)2
= P(2120)2P(2120)2
P - 551.25X2021×2021551.25X2021×2021
= Rs.500
jaideep55:
again wrong answer
Similar questions