Math, asked by ajiratiwari, 3 months ago

At what rate percent per annum C. I. will ₹18000 amount to ₹23,805 in 2 years?

Answers

Answered by palsethi

1

Answer:

Let the sum of money be Rs.P

Here, r=10% per annum and n=2 years

A=Rs.5445

Then

A=P(1+

100

r

)

n

5445=P(1+

100

10

)

2

5445=P(1.1)

2

P=

1.21

5445

P=Rs.4500

Hence the sum of money is Rs.4500.

Step-by-step explanation:

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