what sum of money amounts to rupees 86515 in 3 years at the rate of 10% annum compounded annually?
Answers
Answered by
3
p=86515
t=3
r=10%
ans : 115151.465
t=3
r=10%
ans : 115151.465
Answered by
3
Answer:
65000
Step-by-step explanation:
P=?,A=₹86515,R=10%,T=2years
A=P(1+R/100)^T
86515=P(1+10/100)^3
86515=P(110/100)^3
86515=P(11/10)^3
=Px1331/1000,
or P=86515x1000/1331
=₹65000
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