the amount of certain principal is rs.6655 in 3 years compounded annually at the rate of 10 p.c.p.a. find the principal.
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1
Step-by-step explanation:
⇒ A=P(1+
100
R
)
T
⇒ 6655=P×(1+
100
10
)
3
⇒ 6655=P×(
10
11
)
3
∴ P=
1331
6655×1000
=Rs.5000
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