1.

What Sum will amount to Rs. 6525 at 10% per annum.compounded yearly for 13 years?a) Rs. 2889c) RS. 3889 d) Rs. 1089b) Rs 1889​

Answer»

Answer

Let the principal be P

S.I=A−P

=5525−P

Amount=5525Rs

Rate=10%

Time=3 years

S.I.=

100

PRT

5525−P=P×10×

100

3

5525−P=

100

30P

552500−100P=30P

552500=130P

P=

130

552500

P=4250

The SUM is 4250.



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