What sum of money will amount to rupees 3630 in 2 years at 10% per annum compound interest
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What sum of money will amount to rupees 3630 in 2 years at 10% per annum compound interest
What sum of money will amount to rupees 3630 in 2 years at 10% per annum compound interest
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Answer:
3000
Step-by-step explanation:
a=p(1+r/100)^2
3630=p(110/100)^2
1/p=1/3630*121/100
p=3630*100/121
=3000
so sum s 3000
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