on what sum will the c.i for 2 yrs at 5%p.a be Rs 492????????

Dear Student!

Here is the answer to your query.

 

Let the principal amount be P.

Given : Rate (r) = 5%

time (n) = 2 years

and Amount (A) = Rs 492

 

We know that

= Rs 446.25 (approx)

 

Hence the sum of money is Rs 446.25 approximately.

 

Cheers!

  • -1

it's wrg ...the answer is 4800, by the way isn't it wrong that the ci will be more than the p.....

  • -1

 let  P=x

A=x(1+5/100)

A=x(21/20)

A=21x/20

[FOR 2ND YEAR]

P=21x/20

A=21x/20(21/20)

A=441x/400

C.I.=441x/400 - x

C.I.=41x/400

41x/400=492

x=492 X 400/41

x=Rs. 4800.

:)

  • 0
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