Find the principal which will amount to rs. 1352 in 2 years at 4% compound interest.
Answers
Answered by
2
Answer:
Principal = ₹1250
Step-by-step explanation:
To find Principal by Amount formula :
_______________________________________
Answered by
0
Answer:
A = 1352, r = 4%, t=2 yrs
A= P(1+ r/100)2
1352= P ( 1+ 4/ 100) to the power 2
1352= P ( 1+1/25) to the power 2
1352=P 676/625
P = 1352×625/676
p = 1350
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