a sum of ₹8000 is invested for 2 years at 10 % per anum compound intrest calculate principal for 2nd year
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koin nhi bada Raha hay
skandamp004:
pl,z help
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Solution:-
Amount for 1 st year = Principal for the 2 nd year
so we take time =1 year
A=P(1+r/100)^t
=Rs 8000(1+10/100)^1
=8000(1+1/10)^1
=8000×(11/10)^1
=8000×11/10
=Rs8800
Amount for 1 st year=Rs 8800
So Principal for 2 nd year =Rs8800
Hope it helped!!!!
Amount for 1 st year = Principal for the 2 nd year
so we take time =1 year
A=P(1+r/100)^t
=Rs 8000(1+10/100)^1
=8000(1+1/10)^1
=8000×(11/10)^1
=8000×11/10
=Rs8800
Amount for 1 st year=Rs 8800
So Principal for 2 nd year =Rs8800
Hope it helped!!!!
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