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InterviewSolution
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On The Off Chance That The Accumulated Dividends On A Specific Total Of Cash For A Long Time At 10% For Each Annum Be Rs. 993, What Might Be The Basic Intrigue? |
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Answer» Let P = Principal A - Amount We have a = P (1 + R/100)3 and CI = A - P ATQ 993 = P (1 + R/100)3 - P ∴ P = Rs 3000/ - Presently SI @ 10% on Rs 3000/ - for 3 yrs = (3000 X 10 x 3)/100 = Rs 900/ - Let P = Principal A - Amount We have a = P (1 + R/100)3 and CI = A - P ATQ 993 = P (1 + R/100)3 - P ∴ P = Rs 3000/ - Presently SI @ 10% on Rs 3000/ - for 3 yrs = (3000 x 10 x 3)/100 = Rs 900/ - |
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