Find the principal that yiels a compound interst of rs 164 in 2 years at 5%
Answers
Answered by
0
here's your answer mate -:
_____________________
Let the sum be Rs x.
We know that:
CI = A – P
= P(1+R100)n – P
= P[(1+R100)n−1]
164 = x[(1+5100)2−1]
164 = x[(1.05)2−1]
x = 1640.1025
x = 1600
Thus, the required sum is Rs 1600.
____________________________
HOPE IT HELPS YOU LIKE MY ANSWER IF SATISFIED MARK AS BRAINLIEST TOO❤❤❤
_____________________
Let the sum be Rs x.
We know that:
CI = A – P
= P(1+R100)n – P
= P[(1+R100)n−1]
164 = x[(1+5100)2−1]
164 = x[(1.05)2−1]
x = 1640.1025
x = 1600
Thus, the required sum is Rs 1600.
____________________________
HOPE IT HELPS YOU LIKE MY ANSWER IF SATISFIED MARK AS BRAINLIEST TOO❤❤❤
Similar questions