2. Find the sum which amounts to at...
Question

# 2. Find the sum which amounts to at 4% compound interest. 1352 in 2 years

11th - 12th Class
Maths
Solution
30
4.0 (1 ratings)
Let the sum be Rs. ( x ) ( therefore 1352=xleft(1+frac{4}{100}right)^{2} ) ( =>1352=xleft(1+frac{1}{25}right)^{2} ) ( =>1352=xleft(frac{26}{25}right)^{2} ) ( =>x=frac{1352 times 25 times 25}{26 times 26} ) ( =>x=R s .1250 )