Question

A sum amounts to rs. 1352 in 2 yr at 4% compound interest.The sum is

Answer 1

Answer:Correct Answer:A) RS.1250

Description for Correct answer

Using the formula, A = P(1+R100)nP(1+R100)n

=> 1352=P(1+4100)2P(1+4100)2

=> 1352=P(1.04)2P(1.04)2

P=1352(1.04)21352(1.04)2=RS.1250

3.1

8

Step-by-step explanation: