on what sum the compound interest for 3years at 10percent p. a will be rs 1655
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Answered by
0
Answer:
Rupees 5000
Step-by-step explanation:
Let, the sum =P.
Given time (n)=3 years.
Rate of interest (r)=10%.
C.I. = Rs. 1655
Since, Amount (A)=P(1+
100
r
)
n
⇒A=P(1+
100
10
)
3
⇒A=P(
10
11
)
3
=(
1000
1331
)P
Also, A−P= C.I.
⇒(
1000
1331
)P−P =1655
⇒(
1000
331
)P =1655
⇒P= Rs. 5000
Answered by
0
P = ₹5000 ( this is the answer for the above question )
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