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प्रश्न
The CI earned by a sum of money in 2 years at 8% p.a. is ₹ 832. Find the sum.
योग
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उत्तर
Given:
- Compound Interest (CI) = ₹ 832
- Rate (R) = 8% per annum
- Time (n) = 2 years
Compound Interest:
`CI = P[(1 + R/100)^n - 1]`
832 = P[(1.08)2 – 1]
832 = P(1.1664 – 1)
832 = P × 0.1664
⇒ `P = 832/0.1664`
⇒ P = ₹ 5,000
The sum principal is ₹ 5,000.
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