The amount of a certain sum at compound interest for 2 years at 5% is rs.4410. the sum is?
Answers
Answered by
0
Answer:
Sum of money → II year Rs. 4000 → III year Rs. 5000
There is increase of Rs. 1000 in 1 year due to interest
1000=1004000×R×1
∴R=25% per annum.
[S.I.=100P.R.T]
Similar questions