what will be principal if
the amount after
3 years is
Rs.31200
at the rate of 8 percent?
Answers
Answered by
0
Answer:
8116
Step-by-step explanation:
Answer
Given,
Principal=Rs. 31250
Rate r=8%
Time =3 years
Amount=p(1+
100
r
)
t
=31250(1+
100
8
)
3
=31250×(
100
108
)
3
=39,366Rs
compound=amount−principal
=39,366−31250
=Rs. 8116.
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