1.

1). Rs. 56802). Rs. 58603). Rs. 57804). Rs. 5800

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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