Asam amount for rupees 3630 in 2 years at 10% per annum compounded annually find the sum
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Answered by
2
Given:
A = 3630
n = 2 years
R = 10%
P = ?
Now,
A = P(1 + r/100)^n
3630 = P(1 + 10/100)^2
3630 = P(11/10)^2
3630 = P(121/100)
363000 = 121P
P = 3000.
Therefore, Sum = 3000
Hope it helps!
Answered by
2
Answer:
Rupee 4392.3//
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