Question

The compound interest on a certain sum at the rate of 10% p.a. compounded annually for 3
years is 6620. Find the principal.​

Answer 1

Answer:

formula =A=P[1+r/100]n

A=6620

N=3

R=10

p=?

6620=p(1+10/100)3

=P(0.11)3

=6620=0.33

=p=6620/033

ans =20,060.66

Answer 2

here is your answer...............