Math, asked by sujal1344, 11 months ago

On what sum will the compound interest at 15/2 per annum for three years
compounded annually be 3,101.40?

Answers

Answered by haridasan85

3

Answer:

A =P(I +r/100)n

3101.40 =P (I +7.5/100)3

310l.40 =P (107.5/100) 3

P=3101.40/(l07.5/100)3

= Rs2497

Sum=Rs2497. Ans

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