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CBSE Class 8 Answered

the sum of anamount to rs 4913 in 3 years at 61/4%per annum compounded is
Asked by gouthamivadluri8845 | 31 Mar, 2020, 11:51: AM
answered-by-expert Expert Answer
 
Here, A = Rs. 4913, n = 3 years and r =61/4%=25/4%
 
P =A/(1 + r/100)n
 
After substituting the values, we get
 
P = Rs. 4096
Answered by Yasmeen Khan | 31 Mar, 2020, 08:54: PM

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