What sum will became ₹ 3041.75 in three years. If the rate of interest 15% per annum compounded
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Step-by-step explanation:
given
i=₹3041.75
r=15%
t=3 years
to find p
p=i×100÷rt
=3041.75×100÷15×3
=60835
sum=₹60835
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