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What sum of money will amount to Rs. 5,445 in 2 years at 10% per annum compound interest? - Mathematics

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प्रश्न

What sum of money will amount to Rs. 5,445 in 2 years at 10% per annum compound interest?

योग
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उत्तर

Given:

P = Rs. 5,445 ; n = 2 years and r = 10%

Amount = `P (1 + r/100 )^n`

⇒ 5,445 = `P (1 + 10/100 )^2`

⇒ 5445 = P(1.1)2 

⇒  `P = 5445/1.21`

⇒  P = Rs.4500

Hence the sum of money is Rs.4500

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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]

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सेलिना Concise Mathematics [English] Class 9 ICSE
अध्याय 3 Compound Interest (Using Formula)
Exercise 3 (A) | Q 4 | पृष्ठ ४४
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