the amount of certain principal is rs.6655 in 3 years compounded annually at the rate of 10 p.c.p.a. find the principal.​

the amount of certain principal is rs.6655 in 3 years compounded annually at the rate of 10 p.c.p.a. find the principal.​

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1 thought on “the amount of certain principal is rs.6655 in 3 years compounded annually at the rate of 10 p.c.p.a. find the principal.​”

  1. Step-by-step explanation:

    ⇒ A=P(1+

    100

    R

    )

    T

    ⇒ 6655=P×(1+

    100

    10

    )

    3

    ⇒ 6655=P×(

    10

    11

    )

    3

    ∴ P=

    1331

    6655×1000

    =Rs.5000

    Reply

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