Math, asked by jingyasapanda18, 6 days ago

Nikhil invested a certain sum of money at the rate of 5% per annum, the interest being compounded annually. If the difference between the first year interest and third year interest is ₹51 25, what sum of money did Nikhil invest?​

Answers

Answered by abhi96255
0

Answer:

1000000

Step-by-step explanation:

lets assume principal as 8000

1 st year ci = 400

3 rd year ci = 441

now

41 units = 5125

8000 units = 5125*8000/41

= 1000000

Hope so you got it

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