Find the principal which gives an amount of Rs 6,174 at 5% p.a. in 2 years, interest being compounded annually.

Find the principal which gives an amount of Rs 6,174 at 5% p.a. in 2 y

1.	Find the principal which gives an amount of Rs 6,174 at 5% p.a. in 2 years, interest being compounded annually.
Answer» Find the principal which gives an amount of Rs 6,174 at 5% p.a. in 2 years, interest being compounded annually.