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Rahul borrowed a certain sum of Rs. P at the r% rate of interest. every year the principal gets increased by 10%. To maintain a consistent amount the rate of interest is changed to 10% in the second year
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May 12, 2024
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Rahul borrowed a certain sum of Rs. P at the r% rate of interest. every year the principal gets increased by 10%. To maintain a consistent amount the rate of interest is changed to 10% in the second year If the interest amount gets decreased by rs.20 by applying this rate to the first year’s principal, then find the value of P and r in the fourth year. find the value of P and r in the fourth yr
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Answer:
So, the simplified expression is 0.2541P.
Explanation:
Rohit Arya
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