Question

The amount of certain principal is ₹.5324 in 3 years,compounded annually at the rate of 10 p.c.p.a.Find the principal.​

Answer 1

Answer:

let the principal is x

then

x(1+10/100)^3=5324

x(1+1/10)^3=5324

x(11/10)^3=5324

x=5324*10/11*10/11*10/11

x=4*10*10*10

x=4000