Question

solution of question 9 pls its urgent

Answer 1

Let Principal be P
T= 3 years
Rate = 7.5%
Amount = 3101.40

A= P (1+ (r/100))^n

310140/100 = P (1+(7.5/100))^3
310140/100 = P (107.5/100)^3
= P x 107.5/100 x 107.5/100 x107.5/100

P = 310140/100 x 100/107.5 x 100/107.5 x 100/107.5

P= 3101400000 / 107.5 x 107.5 x 107.5
P = 3101400000/1242296.88
P = 2496.5047 (Answer)