On what sum of money will the compoundinterest for 2 years at 5 per cent per annumamount to * 768.75 ? About the author Hailey

Answer: ₹ 7500 Step-by-step explanation: GIVEN : C.I = ₹ 768.75 ; n = 2 years and r = 5 % therefore A = P ( 1 + r ÷ 100 ) ^n = A = P ( 1 + 5÷100 ) ^2 = A = P ( 21 ÷ 20) ^ 2 = 441 ÷ 400 P THEREFORE A – P = C.I 441÷ 400 P – P = ₹ 768.75 41 ÷ 400 P – P = ₹ 768.75 P = ₹ 768.75 × 400 ÷ 41 = ₹ 7500 HOPE IT HELPS YOU…. Reply

Answer:₹ 7500

Step-by-step explanation:## GIVEN :

C.I = ₹ 768.75 ; n = 2 years and r = 5 %

therefore A = P ( 1 + r ÷ 100 ) ^n

= A = P ( 1 + 5÷100 ) ^2

= A = P ( 21 ÷ 20) ^ 2 = 441 ÷ 400 P

THEREFORE A – P = C.I

441÷ 400 P – P = ₹ 768.75

41 ÷ 400 P – P = ₹ 768.75

P = ₹ 768.75 × 400 ÷ 41 = ₹ 7500

## HOPE IT HELPS YOU….

Answer : 7500 rupees is the correct answer