pls solve itttttt its based on compound interest
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Step-by-step explanation:
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● Sol : -
For 2 years Ratio is 2:1
That is,
2 = x × 6/100 = 6x/100 ×2 = 12x / 100
1 = 6x/100 × 6/ 100 = 36x/ 10000
then,
Interest = 12x/100 + 36x/10000 = 1236x/10000
principle = 4624 - 1236x/10000
x = 46240000 - 1236x/10000
10000x = 46240000 - 1236x
11236x = 46240000
x = 4115.34
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