Math, asked by rubika2244vmjschool, 3 months ago

A sum of money invested at compound interest rate of 5%p.a amounts to
Rs.2646 in two years. Find the sum.

Answers

Answered by stime1087
0

Answer:

2646 = P × (1+5/100)^2

2646 = P × 441/400

2646 × 400 = 441 × P

1058400 ÷ 441 = P

P = 2400 ( sum of money )

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