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The amount (in Rs) received at 10% per annum compound interest after 3 yrs is Rs. 119790. What was the principal?1). 900002). 1000003). 800004). 75000 |
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Answer» From the PROBLEM statement ⇒ 119790 = p(1 + 0.1)3 ⇒ p = 119790/1.331 ⇒ p = 90000 ∴ Principal is Rs 90000. |
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