what sum of money will amount to rupees 9261 in 3 years at 5% per annum compound interest
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A=P(1+r/100)^n
9261=P*(1+5/100)^3
9261=P×105/100×105/100×105/100
So the required sum of money,P=9261×1000000÷1157625
=8000
vishvjeetsinghrana:
u are wrong right answer is 8000
Okay
I will try again
ok
Now it's correct see
yeah now u are correct
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