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1). Rs. 56802). Rs. 58603). Rs. 57804). Rs. 5800 |
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Answer» Let the SUM of money be Rs. x. We KNOW that, Amount compounded in ‘n’ years = P × [1 + (R/100)]n Where, P = Principle Amount, R = RATE of interest Rs. x AMOUNTS to Rs. 7719.8 the rate of 10% compounded annually for 3 years. ⇒ 7719.8 = x × [1 + (10/100)]3 ⇒ 7719.8 = x × 1.13 ⇒ x = 7719.8/1.13 = Rs. 5800 ∴ The sum of money = Rs. 5800 |
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