CA Foundation doubt
Please ess question ka answer bhej do With explain 😔

Asked by Deepanshu19 May 2024412 views
CA Foundation doubt

Asked by Deepanshu19 May 2024412 views
Deepanshu · 19 May 2024
Okk
Sachitra · 19 May 2024
Equals to P
Sachitra · 19 May 2024
Use this formula for direct answer - Difference * (100)³ / R² + (300+R)
Sachitra · 19 May 2024
The above method is quite complicated...
Deepanshu · 19 May 2024
Okk
Barun · 19 May 2024
Time (n) = 3 years Rate of interest (r) = 6% p.a Difference between C.I and S.I = Rs. 110.16 Let the principal be P. Formula: Compound Interest (C.I) = P[(1+r/100)^n-1] Simple Interest (S.I) = Pnr/100 Difference between C.I and S.I = C.I - S.I Therefore, P[(1+r/100)^n-1] - Pnr/100 = 110.16 Simplifying the equation, we get P[(1+6/100)^3-1-6/100] = 110.16 P[(1.06)^3-1-0.06] = 110.16 P[(1.191016)-1-0.06] = 110.16 P[(0.131016)] = 110.16 P = 110.16/0.131016 P = Rs. 8432 Hence, the principal is Rs. 8432. Verification: C.I = 8432[(1+6/100)^3-1] C.I = 8432[(1.06)^3-1] C.I = Rs. 1105.16 S.I = Pnr/100 S.I = 8432 × 6 × 3/100 S.I = Rs. 1517.76 Difference between C.I and S.I = C.I – S.I Difference between C.I and S.I = 1105.16-1517.76 Difference between C.I and S.I = Rs. 110.16 Therefore, the calculated principal of Rs. 8432 satisfies the given conditions. Hence, the correct option is D) Rs. 10000.
Deepanshu · 19 May 2024
Explain it
Vaishnavi · 19 May 2024
D) 10,000
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