Math, asked by prem210, 1 year ago

find the principle if the compound interest (compound annually) at the rate of 10% per annum for 3 years is ₹331.

Answers

Answered by happy70

hey mate..

the answer is ..

331 = p ( 1 + 10 /100) ^3

331 = p ( 11/10 x 11/10 x 11/10)

331 = 1331 /1000 p

331 × 1000/1331

= 248.6

hope it helps u

happy70: hii

happy70: is it correct

Answered by Sombarna2004

hi here is ur answer
331=p[(1+r/100) ^3] -1
331=p[(1+10/100) ^3] -1
331=p[(11/10) ^3] -1
331=p(1331/1000) -1
331=331/1000p
p=331*1000/331
p=1000

prem210: I think this was not the correct process..

Sombarna2004: search in any of the text book u will get it

prem210: (1331/1000) - 1= 331/1000 how???

happy70: its worng i think wt she wrote is....

Sombarna2004: if we substract 1331-1000 it will be 331 only

prem210: can u tell me wht is the formula...

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