Question

A sum of amounts of rs 1352 in 2 years at 4 compound interest

Answer 1

Answer:

Given

Amount (A) = 1352 RS

Time(n) = 2 years

Rate = 4%

Amount = P ( 1+\frac{r}{100} )^{n}

1352 = P (1+ \frac{4}{100}) ^{2}

1352 = P (1+\frac{1}{25} )^{2}

1352 = P (\frac{26}{25} )^{2}

P= 1352×25× 25/26×26

p= 845000/676

P= 1250 RS

hope it helps u ✌️✌️✌️

❤️❤️❣️❣️

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