Good Morning friends,please help to me to complete my work ,Question is (Find the Principal which will earn a compound interest of
(a)Rs.16,500 in 2 years at 5% per annum.
Please help me
Answers
Answered by
3
Answer:
Rs. 165,000
Explanation:
We know, I = (P x R x T)/100.
Here given,
Interest= Rs.16,500
Rate of interest= 5% p.a.
Time= 2 years.
Therefore, ATP
16,500= (P x 5 x 2)/100
= P = 16,500 x 100/(5 x 2)
= P = 1,650,000/10
= P = 165,000
therefore, the principal is Rs. 165,000.
HOPE IT HELPED.........
Answered by
2
option (a) Rs. 16,500
Explanation:
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