Jump to

- Rational Numbers
- Powers
- Squares and Square Roots
- Cube and Cube Roots
- Playing with Numbers
- Algebraic Expressions and Identities
- Factorization
- Division of Algebraic Expressions
- Linear Equation in One Variable
- Direct and Inverse Variations
- Time and Work
- Percentage
- Profit Loss Discount and Value Added Tax
- Compound Interest
- Understanding Shapes Polygons
- Understanding Shapes Quadrilaterals
- Understanding Shapes Special Types Quadrilaterals
- Practical Goemetry
- Visualising Shapes
- Area of Trapezium and Polygon
- Volume Surface Area Cuboid Cube
- Surface Area and Volume of Right Circular Cylinder
- Classification And Tabulation Of Data
- Classification And Tabulation Of Data Graphical Representation Of Data As Histograms
- Pictorial Representation Of Data As Pie Charts Or Circle Graphs
- Data Handling Probability
- Introduction To Graphs

A certain sum amounts to Rs. 5832 in 2 years at 8% compounded interest. Find the sum.

Answer:

Given details are,

Amount = Rs 5832 \

Time = 2 years

Rate = 8%

Let principal be = P

By using the formula,

A = P (1 + R/100)^n

5832 = P (1 + 8/100)^2

5832 = P (1.1664)

P = 5832/1.1664

= 5000

∴ Required sum is Rs 5000

Related Questions

Was This helpful?

Exercises

Chapters

Lido

Courses

Quick Links

Terms & Policies

Terms & Policies

2022 © Quality Tutorials Pvt Ltd All rights reserved