Math, asked by ojaswik8250, 1 year ago

Find sum of which will amount to 700 in 5 years at 8% p.a

Answers

Answered by 5U8H0J1T
10
let sum be x
then
x(1+8*5/100)=700
or x=70000/140
or x=500...........(ans)
Answered by anr4u97
6

Amount=principle+Interest

I=ptr/100

700=P+I

700=P+(P*5*8)/100

from this we get p=500/- which is sum

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