Question

How much money should be deposited at 10.5% p.a of interest to get amount Rs 3630 in 2 years?​

Answer 1

Answer:

sorry bro I don't know the answer

Answer 2

S.i=ptr/100.
A=si+p.
A=3630,r=10.5,t=2,p=?.
3630=s.i+p......(1).
Si=p*2*10.5/100....(2).
Substitute (2) in (1),
3630=p*21/100+p.
3630=((21+100)/100)p.
3630*100=121p,
=>p=3630*100/121=30*100=₹3000.