what (Question: 326217.0 )

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Nikhil Manohar

· started a discussion

· 1 Months ago

what (Question: 326217.0 )

means only one installment

Question:

The rate of compound interest is 10%. If the amount of the first instalment is Rs. x, then the principal amount is

Options:

Rs. $x (1 + \frac{10}{100})$

Rs. $x \div (1 + \frac{10}{100})$

Rs. $x \times \frac{10}{100}$

Rs. $x \div \frac{10}{100}$

Solution:

Ans: (b)

Knowledge Expert

· commented

· 1 Months ago

Dear Student,

Here question asked amount of first instalment is X. if sum is P,
we can say P+P*10/100=X
P(1+10/100)= X
P= X/1+10/100

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what (Question: 326217.0 )

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