Find the Principal and Compound Interest for a Certain Sum of Amounts
A certain sum amounts to Rs. 4410 in 2 years at 5% per annum compound interest. Find the principal and compound interest?
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P(1.05)^2= 4410
P= 4410/1.05^2= ₹4000
CI = 4410-4000= ₹410
P= 4410/1.05^2= ₹4000
CI = 4410-4000= ₹410
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