Question

If the CI on a sum of money for 3 years at
the rate of 2% per annum is 306.04, then
what will be the SI?​

Answer 1

Answer:

c.i = p[ (1 + r/100)^t - 1 ]

306.04 = p[ ( 1 + 2/100)^3 - 1]

306.04 = p[ (1.02)^3 - 1]

306.04 = 0.061208p

p = Rs 5000

S.i = 5000 × 2 × 3/100.

s.i = Rs 300 Answer

hope it helps

plz mark my answer as the brainliest

thanks

Answer 2

Answer:

wrong answer it is 5000 is the answer