Question

Assam of money invested for 3 years at the rate of 10% interest compounded annually if the sum of money grow by 5296 then the sum of invested money ​

Answer 1

Answer:

₹16000

Step-by-step explanation:

amount from c.i.=p(1/r×100)^t

x+5296=x(1+10/100)^3

x=(11/10)^3

x+5296=1331x/1000

1000x+5296000=1331x

5296000=331x

x=16000