Question

The compound interest accrued on an amount at the
end of three years at 15 p.c.p.a. is Rs. 6500.52. Wha
(5) None of these
is the amount ?
(1) Rs. 12480
(Rs. 14800
(2) Rs. 10500
(4) Rs. 13620​

Answer 1

Answer:

Let the principal be x, then

x(1+15100)3−x=650052100

=>x×2320×2320×2320−x

= 650052100=>12167x−8000x

= 650052×8000100

=> x=650052×8000100×4167=156×80

= Rs.12480