Question

What sum will amount to Rs 5952 in 2 years at 12% p.a?​

Answer 1

Given amount= Rs 5952

          rate of interest = 12%

          time = 2 years

Let principle be P

S.I = P*T*R/100

S.I = P*2*12/100

S.I = 24 P/100

amount = principle + interest

5952 = P + 24 P/100   = Rs 4800

∴ principle = Rs 4800

Answer 2

Answer:

7466.1888

Step-by-step explanation:

amount=P(1+R/100)^N

            =5952(1+12/100)^2

            =5952(1+3/25)^2

            =5952(28/25)^2

            =5952*28/25*28/25

            =7466.1888    

HOPE IT HELPS -MONKEY