A sum become 12100 rs after 2 years and 13910 after 3 years find rate of CI ? About the author Kinsley

[tex]\huge \sf \bf {\boxed{\underline {\pink{\underline {✠Aɴʂᴡᴇʀ࿐ :−}}}}} [/tex] Solution : Amount=P(1+r100)T where p is the principal amount, r is the rate of interest and t is the time period. first,=>882=P(1+r100)2..(1) also,=>926.10=P(1+r100)3…(2) dividing (1) by(2)=>we get r=5 substituting value of r=5 in (1) we get P=800 Reply

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Solution :

Amount=P(1+r100)T

where p is the principal amount, r is the rate of interest and t is the time period.

first,=>882=P(1+r100)2..(1)

also,=>926.10=P(1+r100)3…(2)

dividing (1) by(2)=>we get r=5

substituting value of r=5 in (1) we get P=800