Question

Amount=1825,Time=7 years 6 Months Rate=11% my book's answer is 1000 but how i don't know please help me​

Answer 1

Amount = 1825

Time = 84+6 =90

Rate = 11%

P × 11 × 7.5/100+P = 1825

0.825P + P = 1825

P = 1825/1.825

P =1000

Books answer is right

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Answer 2

Answer below

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