Question 98

The amount (in Rs) received at 10% per annum compound interest after 3 yrs is Rs 1,19,790. What was the principal?

Solution

$$P(1+\frac{R}{100})^{3}$$=119790

$$P(1+\frac{10}{100})^{3}$$=119790

$$P(\frac{11}{10})^{3}$$=119790

P=119790*1000/1331
P=Rs 90000


Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

cracku

Boost your Prep!

Download App