Question

the difference between compound interest and simple interest on a certain principal for 3 years at 10% per annum is Rs 93 find the principal​

Answer 1

Answer:

3000

Step-by-step explanation:

formula for 3 year's

P(r/100)^2(3+r/100)

P(10/100)^2(31/20)= 93. on solving we get P= 3000