Question

The compound interest at an amount 4% p.a. in 2 years is Rs. 51. Find the principal amount.​

Answer 1

Answer:

P=?,R=4%,Y=2,CI=81.60

4 81.60p(1+ )2-p 100

81.60 = P100) 2 1

P

104

10816

81.60 = 1

10000

81.60p(816)

81.60

816

x 100 = 1000