please solve this question. Find the sum on which the compound interest at 3 years at 10% per annum amounts to Rs 1655(using formula)
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Heya ✋
Let see your answer !!!!!
Given that
A = ₹1,655
R = 10 % p.a.
T = 3 years
P = ?
Solution
A = P(1 + R/100)^n
=> 1,655 = P(1 + 10/100)^3
=> 1,655 = P(100 + 10/100)^3
=> 1,655 = P(110/100)^3
=> 1,655 = P(11/10)^3
=> 1,655 = P × 1,331/1,000
=> P = 1,655 × 1,000/1,331
=> P = ₹1,243.42
Thanks :)))))
Let see your answer !!!!!
Given that
A = ₹1,655
R = 10 % p.a.
T = 3 years
P = ?
Solution
A = P(1 + R/100)^n
=> 1,655 = P(1 + 10/100)^3
=> 1,655 = P(100 + 10/100)^3
=> 1,655 = P(110/100)^3
=> 1,655 = P(11/10)^3
=> 1,655 = P × 1,331/1,000
=> P = 1,655 × 1,000/1,331
=> P = ₹1,243.42
Thanks :)))))
Astha01:
I did the same mistake what I did!!!
1655 is the C.I not amount
Answered by
1
Answer:
Step-by-step explanation:
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