find the principal for the amount of rs 61000 that was paid at the rate of interest 11perecent for 2 years
Answers
Answered by
1
Answer:
49508.97
Step-by-step explanation:
61000=P(1+11/100)^2
=> 61000=111^2 * P/100^2
=> P =61000*10000/12321=49508.97
Similar questions
Hindi,
2 months ago
French,
2 months ago
English,
2 months ago
Math,
5 months ago
Science,
5 months ago
Social Sciences,
10 months ago
Social Sciences,
10 months ago