on what sum of money will compound intrest for 2 years at 5 percent per year annum to ₹164
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Hello mate.....
Here is ur answer...
A = P ( 1 + r/100)^t
A = 164 ( 1 + 5/100)^2
A = 41 × 21/10 × 21/10
A = 18081/100
A = Rs.180.81
C.I = A - P
= 180.81 - 164
= Rs.16.81 ans.
Hope, you understand it...
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Here is ur answer...
A = P ( 1 + r/100)^t
A = 164 ( 1 + 5/100)^2
A = 41 × 21/10 × 21/10
A = 18081/100
A = Rs.180.81
C.I = A - P
= 180.81 - 164
= Rs.16.81 ans.
Hope, you understand it...
MARK ME AS BRAINLIST
Taksheel:
the answer is 1600
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