Question

A sum of money, at compound interest, amounts to ₹8,100 in 5 years and to ₹ 8,748 in 6 years. Find amount in 4 years.​

Answer 1

Answer:

Let P be the principal and R the rate of compound interest…

We have P x (1+R/100)^3 = 4818

P x (1+R/100)^6 = 7227

We can simplify that and write

(1+R/100)^6 / (1+R/100)^3 = 7227/4818 = 1.5

(1+R/100)^3 = 1.5

1+R/100 = cubic root of 1.5 = 1.1447

R/100 = 0.1447

R = 14.47 percent

P = 4818/1.5 = 3212 rupees

please drop some ♥️♥️♥️

Step-by-step explanation:

please f-o-l-l-o-w m-e bro