Please help me to do this sum
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Answer:
p= 6000., and rate 10%
Step-by-step explanation:
Amount in year= p(1+r/100)
Rupees- 6600= p(1+r/100)- (1)
And, Amount in 3 years..
Rupees -7986/6600=(1+ r/100) square.
121/100=(1+r/100) square.
(11/10) square=(1+r/100) square.
11/10= 1+ r/100
r/100= 11/10-1
r/100= 1/10
r= 10%
putting the values of inequation-(1).
6600= p(1+r/100).
6600= p(1+10/100)
6600= p×11/10).
p= 6600×10/11
p= 6000..
Hence, principal:- Rupees 6000 and rate= 10%..
Hope it's help you....
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