find the principal if the compound interest at the rate of 10%per annum for 2years is 1250
Answers
Answered by
1
Answer:
A=p(1+r/100)^n
1250=p(1+10/100)^2
1250=p(100+10/100)^2
1250=p×100/100×10/100
1250=p×10
1260=10p
1250/10=p
125=p
ci=a-p
=1000-125
=875
Hope it helps...
Similar questions