Math, asked by madhurjyaborah1995, 3 months ago

the difference between CI and SI on a certain sum of money at 10% per annum for 3 years is rs 620.Find the principal if it is known that the interest is compounded annually.

Answers

Answered by Yogyamalik08

1

Answer:

Difference between CI and SI =

1003Pr2(300+r)

⇒620=1003P×100×(300+10)=1003100P(310)

⇒620=10000P(310)⇒P=Rs.20,000

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