Question

QThe compound interest on a certain sum of money at 5% p.a. for 2
years is Rs. 287. Find the sum.

Answer 1

Answer:

x(1+1/20)^2= 287

Step-by-step explanation:

x(21/20)^2= 287

x×21/20×21/20=287

×= (287×20×20)/21×21