एक निश्चित राशि 8% चक्रवृद्धि ब्याज की दर से 2 वर्ष में 7290, हो जाती है तो
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Answer:
The sum invested $6250.
Step-by-step explanation:
Given : A sum of money invested at compound interest of 8 % per annum compounded annually amounted To rs 7290 in 2 years
To find : The sum invested?
Solution :
Using compound interest formula,
A=P(1+r)^tA=P(1+r)
t
Where A is the amount A=Rs.7290
P is the principle P=?
r is the rate r=8%=0.08
t is the time t= 2 years
Substitute the value,
A=P(1+r)^tA=P(1+r)
t
7290=P(1+0.08)^27290=P(1+0.08)
2
7290=P\times 1.16647290=P×1.1664
P=6250P=6250
Therefore, The sum invested $6250.
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