Question

a sum of money amount to rupees 6690 after 3 years and to Rs 10035 after 6 year on the compound interest find the sum
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Answer 1

Answer:

Let the sum be Rs.P.then

P(1+R/100)^3=6690....(i)

and P(1+R/100)^6=10035…(ii)

On dividing,we get (1+R/100)^3=10025/6690=3/2.

Substituting this value in (i),we get:

P*(3/2)=6690 or P=(6690*2/3)=4460

Hence,the sum is rs.4460.

Hope it helps you...

Answer 2

Answer:

4460

Explanation:

Let the sum be Rs.P.then

P(1+R/100)^3=6690....(i)

and P(1+R/100)^6=10035…(ii)

On dividing ,we get (1+R/100)^3=10025/6690=3/2.

Substituting this value in (i),we get:

P*(3/2)=6690 or P=(6690*2/3)=4460

Hence, the sum is rs.4460.

Hope i helped u

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