On what sum of money will the compound interest for 2 years at 5% per annum I want to 768. 75 rupees
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Answered by
0
Answer:
7500 rs is right answer of this question
Answered by
2
Answer:
7500
Step-by-step explanation:
P=?
R=5%
T=2 years
Compound interest= ₹ 768.75
Compound interest = Amount - P
Amount = P(1+5/100)^2
= P * 21/20 * 21/20
= 441/400 P
768.75= 441/400 P - P
768.75 = 41/400 P
P = ₹ 7500
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