Question

Find the principal which amount rs 2704 in 2 year at 4% per annum compounded annually with photo solution

Answer 1

A=p*(1+r/100)^t

2704=p*(1+4/100)^2

2704=p*(104/100)^2

So p=2704*10000/10816

P=2500

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Answer 2

Step-by-step explanation:

Amount=Principal (1+rate/100)^time

Amount=Principal (1+rate/100)^time2704=p(1+4/100)^2

Amount=Principal (1+rate/100)^time2704=p(1+4/100)^22704=p(26/25)^2

Amount=Principal (1+rate/100)^time2704=p(1+4/100)^22704=p(26/25)^22704=p×26/25×26/25

Amount=Principal (1+rate/100)^time2704=p(1+4/100)^22704=p(26/25)^22704=p×26/25×26/25p=2704×25×25/26×26

Amount=Principal (1+rate/100)^time2704=p(1+4/100)^22704=p(26/25)^22704=p×26/25×26/25p=2704×25×25/26×26p=104×25×25/26

Amount=Principal (1+rate/100)^time2704=p(1+4/100)^22704=p(26/25)^22704=p×26/25×26/25p=2704×25×25/26×26p=104×25×25/26p=4×25×25

Amount=Principal (1+rate/100)^time2704=p(1+4/100)^22704=p(26/25)^22704=p×26/25×26/25p=2704×25×25/26×26p=104×25×25/26p=4×25×25p=2500

Amount=Principal (1+rate/100)^time2704=p(1+4/100)^22704=p(26/25)^22704=p×26/25×26/25p=2704×25×25/26×26p=104×25×25/26p=4×25×25p=2500Answer:- principal=2500rs.