on a certain sum of the compound interest in 2years amounts to Rs4240. if the rates of interest for successive years are 10% and 15%, find the sum.
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Answer:
Step-by-step explanation:
A=4240
p=?
A=P(1+R/100)ⁿ
4240=P X 110/100 X 115/100
4240 X 100/115 X 100/110= 3351 APPROX
anku2005:
But it's wrong.....????
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