Question

Rahaman chacha deposited some money in a cooperative bank at the rates of 9% compound interest and he received amount ₹29702.50 after 2 years. Let us calculate how much money Rahman chacha had deposited in cooperative bank.​

Answer 1

Answer:

according to question :-

amount = p(1+r/100)^n

29702.50 = p(1+9/100)^2

29702.50 = p(109/100)^2

29702.50 = p(11881/10000)

29702.50 = p*11881/10000

29702.50*10000/11881 = p

297025000/11881 = p

₹25000 = p

hope you understand plz thank my answer

Answer 2

Answer:

Step-by-step explanation:

Refer to attachment