Rupees 1261 is received as ci in 3 years
Answers
Answered by
1
Answer:
please write full question
Answered by
1
Answer:
CI = Principal (1 + rate/100)^t - P
1261 = P (1 + 5/100)³ - P
1261 = P (1 + 1/20)³ - P
1261 = P (21/20)³ - P
1261 = P [ 9261/8000- 1 ]
1261 = P 1261/8000
P = 1261 * 8000/1261
P = 8000
Hence principal is 8000.
Similar questions
English,
8 months ago
Math,
8 months ago
Science,
8 months ago
Social Sciences,
1 year ago
Math,
1 year ago