Question

If the compound intrest on a certain sum for 2 years at 10% per annum is rupees 1050 ,the sum is

Answer 1

Answer:

here we will solve it by using the formula of amount

Step-by-step explanation:

A=P(1+R/100)^n(n means no of years)

(1+10/100)^2×1050

= 11/10^2×1050

=11/10×11/10×1050=1270.5(amount then ci)

ci =amount-principle

ci=220

Answer 2

Answer:

5000

Step-by-step explanation:

Insert the formula for compound interest and then find the value of sum.

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