Question

Find the principal which will amount to rs. 1352 in 2 years at 4% compound interest.

Answer 1

Answer:

principal is 1250

Step-by-step explanation:

P(1+4/100)^2=1352

Answer 2

Answer:

Principal = ₹1250

Step-by-step explanation:

To find Principal by Amount formula :

$\implies$ $\sf{A=P\left(1+\Large\frac{r}{100}\right)^{n} }$

$\implies$ $\sf{1352=P\left(1+\Large\frac{4}{100}\right)^{2} }$

$\implies$ $\sf{1352=P\left(\Large\frac{104}{100}\right)^{2} }$

$\implies$ $\sf{1352=P\left(\Large\frac{26}{25}\right)^{2} }$

$\implies$ $\sf{P= {\Large\frac{1352×25×25}{26×26}}}$

$\implies$ $\sf{P=2×25×25 }$

$\implies$ $\boxed{\sf{P=1250 }}$

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