A sum amounts to Rs. 756.25 at 10% per annum in 2 years, compounded annually. Find the sum .
Given,
Amount = Rs.756.25
Rate = 10% p.a
Time = 2 years
Let principal = P
So,
A = 
= 
= P
= 
Hence,
Principal = Rs.625
3
A sum amounts to Rs. 756.25 at 10% per annum in 2 years, compounded annually. Find the sum .
Given,
Amount = Rs.756.25
Rate = 10% p.a
Time = 2 years
Let principal = P
So,
A =
=
= P
=
Hence,
Principal = Rs.625