What sum will become rs.13,310 after 3 years at 10%p.a., when the intrest is compounded annually
Answers
Answer:
the formula is S.i×r×t/100
Step-by-step explanation:
✬ Sum = Rs 12,100 ✬
Step-by-step explanation:
Given:
- Amount (A) is Rs 13,310.
- Rate is 10% per annum.
- Time is 1 year.
To Find:
- What is the sum i.e Principal?
- Solution: Let the principal be P.
As we know that
Solution: Let the principal be P.
★Amount = Principal(1 + Rate/100)^n★
A = P(1 + R/100)^1
13310 = P(1 + 10/100)¹
13310 = P(100 + 10/100)¹
13310 = P(110/100)¹
13310 = 110P/100
13310 100 = 110P
1331000 = 110P
1331000/110 = P
Rs 12,100 = P
Hence, the sum is Rs 12,100 .
Answer:
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Sum = Rs 12,100 ✬
Step-by-step explanation:
Given:
Amount (A) is Rs 13,310.
Rate is 10% per annum.
Time is 1 year.
To Find:
What is the sum i.e Principal?
Solution: Let the principal be P.
As we know that
★Amount = Principal(1 + Rate/100)^n★
A = P(1 + R/100)^1
13310 = P(1 + 10/100)¹
13310 = P(100 + 10/100)¹
13310 = P(110/100)¹
13310 = 110P/100
13310 100 = 110P
1331000 = 110P
1331000/110 = P
Rs 12,100 = P
Hence, the sum is Rs 12,100 .