what sum lent out at compound interest will amount to 484 in two year at 10 percent interest
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Let the sum lent out be p
T=2 years
R=10%p.a
Amt=rs.484
484=p(1+10/100)^2
484=p(11/10)^2
484×10/11×10/11=p
400=p
Therefore sum lent out =rs.400
T=2 years
R=10%p.a
Amt=rs.484
484=p(1+10/100)^2
484=p(11/10)^2
484×10/11×10/11=p
400=p
Therefore sum lent out =rs.400
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