The Amount of a certain principal is 6655 rupees in 3 years, compounded annually At the rate of 10 p. c. p. a. Find the Principal.
Answers
Answered by
14
we know that c = p((1+i)^n
6625= R((1+10%)^3
6625= R((1+0.1)^3
6625 = R((1.1)^3
6625 = R(1.331)
6625/1.331 = R
4977 =R is the principal amount..
Answered by
147
GIVEN:
Amount (A) = 6655 rupees
Rate (R) = 10 p.c.p.a.
Time (N) = 3 years.
Solution:
so,
Hence,
The principal was 5000 rupees.
.
THANKS.!! ;-)
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