Amount=1352
Time=2years
Rate=4%
Principle=?
Answers
Answered by
1
Answer:
1250
Step-by-step explanation:
Answered by
2
Answer:
Let the sum is Rs. x , which Amount to Rs. 1352 in 2 years.
Rate of Compound interest, r=4%
Principal ,P=x
Time, t=2 years
Amount, A=P(1+ r / 100)t
1352 = x ( 1 + 4/100)²
1352 = x ( 1 + 1 / 25)²
1352 = x ( 1 + 26 / 25)
x = 1352 × 25/26 × 25/26
x = Rs. 1250
hope it helps you ..
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