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Find the sum which amounts to rupees 5000 in 2 yrs.at 10% compound interest

Posted by Neeta Sankhla 5 years, 10 months ago

CBSE > Class 08 > Mathematics

2 answers

Vidisha Mohanty 5 years, 9 months ago

A = P (1 + R/100)^n A = 5000 ( 1 + 10/100 )^2 A = 5000 ( 10 +1/10 )^2 A = 5000 * 11/10 * 11/10 A = 50 * 11 * 11 A = 6050 rupees Or : A = P ( 1 + R/100)^n 5000 = P ( 1 + 10/100)^2 5000 = P ( 10 + 1/ 10) ^2 5000 = P * 11/10 * 11/10 5000 * (- 11/ 10) * (- 11/ 10) = P 50 * 11 * 11 = P P = 6050

0Thank You

Khushi Sharma 5 years, 10 months ago

A=p(1+r/100) 5000=p(1+10/100)/2 5000=p(11/10×11/10) 5000×10×10/11×11=p P=4132.23

2Thank You

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