Question

find the principal which amounts to rupees 17640 at the rate of 5p.c.p.a compound annually for two years?​

Answer 1

Answer:

the principal amount is 16000

Explanation:

5% of +16000 is 800

first year interest will be 800

the next year principal will be 16800

5% of 16800 is 840

So the amount will become 17640

Answer 2

Answer:

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