Question

What is the principal amount which earns ₹132 as C.I. only for the second year at 10%p.a.?​

Answer 1

Answer:

Let the principal at the end of first year be Rs.x.

Then,x×10×1100

=132

orx=1320.

Now,let the original principal be Rs.p

Then, amount after 1 year

=p+p×10×1100

=11p10.

∴11p10=1320

orp=1320×1011

=Rs.1200.

Step-by-step explanation:

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