Math, asked by Mudit7260, 1 year ago

what amount should be lent by eshwar so that amount obtained as interest will be Rs.1831.50 after2 years and 9 months?​

Answers

Answered by bhupasamudramsreeniv
1

Answer:

Step-by-step explanation:

Interest for 1 year = 12 %

interest for quarter or 3 months = 12 /3 % =4%

in two year 9 months we have = 11 quarters

let Principal amount = P

amount =1831.50

amount = P [ 1 + r /100 ]^ n

1831.50 = P [ 1 + 4 /100] ¹¹

1831.50 =P [ 1.04 ] ¹¹

1831.50 / 1.54 = P

P =1189.28

This may help you marle ek thanks

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