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On what sum of money will the compound interest for 2 years at 5% per annum amount to Rs. 768.75? - Mathematics

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प्रश्न

On what sum of money will the compound interest for 2 years at 5% per annum amount to Rs. 768.75?

योग
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उत्तर

Given: C.I. = Rs. 768.75; n = 2 years and r = 5%

∴ Amt. = `"P"( 1 + r/100)^n`

⇒ A = `"P"( 1 + 5/100)^2`

⇒ A = `"P"(21/20)^2`

 ⇒ A = `441/400`P

CI = Amt - P

⇒ `"P"xx (21/20 xx 21/20) - "P"` = 768.75

⇒ `"P" (21/20xx 21/20 - 1)` = 768.75

⇒ `"P" xx ((441 - 400)/400)` = 768.75

⇒ `"P" xx 41/400` = 768.75

⇒ `(768.75 xx400)/41`

P = ₹ 7500  

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Concept of Compound Interest - Inverse Formula
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Compound Interest (Using Formula) - Exercise 3 (A) [पृष्ठ ४४]

APPEARS IN

सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest (Using Formula)
Exercise 3 (A) | Q 5 | पृष्ठ ४४

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