Math, asked by princiakshita0, 4 hours ago

What sum of money will amount to Rs 3630 in 2 years at 10% p.a. compound interest​

Answers

Answered by Anonymous
76

Answer:

GIVEN

Amount (A) = Rs 3630

Time (T) = 2 years

Rate of interest (r) = 10 % per annum

TO FIND

The principle (p)

SOLUTION

Let the principle amount be = x

amount \:  = p(1 +  \frac{r}{n} ) {}^{nt}  \\  \\  =  > 3630 = x(1 +  \frac{10}{100} ) {}^{2}  \\  =  > x = ( \frac{100}{110} ) {}^{2}  \times 3630 \\  =  > x = 3000

The sum 3000 amounts to Rs. 3630

Hence, Solved.

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