Question

The CI earned by a sum of money in 2 years
at 8% p.a. is *832. Find the sum.​

Answer 1

Answer:

The required sum is Rs. 5,000.

Step-by-step explanation:

Hey,

Let the principal be Rs. x.

So,

A = x ( 1 + R/100) ^ n

A = x ( 1 + 8/100 ) ^ 2

A = x ( 1 + 2/25 ) ^ 2

A = x (27/25) ^ 2

A = 729x/625

If A = 729x/625, then CI will be:

CI = A - P

CI = 729x/625 - x

CI = 729x/625 - 625x/625

CI = 104x/625

Therefore,

104x/625 = 832

104x = 520000

x = 520000/104

x = Rs. 5000

Therefore, the required sum is Rs. 5000

Hope it helped you. I have answered a question for the first time. Please mark my answer as "Brainliest". Bye-bye!!!