Find the sum which will amount to ₹9,26,100 at the rate of 5% p.a. after 3 years.
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Find the sum which will amount to ₹9,26,100 at the rate of 5% p.a. after 3 years.
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Answer:
The answer is [926100×5×3]÷100
Step-by-step explanation:
so basically here the simple interest is required
Answer:
800000
Step-by-step explanation:
Given R = 5%
P.A, T = 3 years,
A = 926100.
A=P(1+R/100)n
A=P(1+5/100)³
P = 800000. Therefore the sum = 800000.