Question

Question no 2
Urgent answer please please

Answer 1

Answer:

Solution,

Here,

Principal (P) =? Rate(R) = ?

First condition,

Compound amount (C.A.) = Rs 19360

Time (T) = 2 years

C.A. = P(1+R/100)^T

or, 19360 = P(1+R/100)^2..............(1)

Second condition,

C.A. = Rs 23425.6 and T = 4 years.

Now, C.A. = P(1+R/100)^T

or, 23425.6 = P(1+R/100)^4...........(2)

Solve the equations by dividing (2) from (1)

Step-by-step explanation: