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What Principal Will Amount to Rs 9,856 in Two Years, If the Rates of Interest for Successive Years Are 10% and 12% Respectively? - Mathematics

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प्रश्न

What principal will amount to Rs. 9,856 in two years, if the rates of interest for successive years are 10% and 12% respectively ?

योग
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उत्तर

Given : A = Rs. 9,856 ; n = 2 years ;  r1 = 10 % and r2 = 12%

Amount = `"P"( 1 + r_1/100)( 1 + r_2/100)`

⇒ 9,856 = `"P"( 1 + 10/100 )( 1 + 12/100)`

⇒ 9,856 = `P(11/10)(28/25)`

⇒ P = Rs. `[9,856 xx 10 xx 25]/[11 xx 28]` = Rs. 8,000

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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 7 | पृष्ठ ४४

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