1.

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

Answer»

<P>LET principal be p

From the PROBLEM statement

⇒ 119790 = p(1 + 0.1)3

⇒ p = 119790/1.331

⇒ p = 90000

∴ Principal is Rs 90000.


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