A sum of money becomes ₹13,380 after 3 years and ₹20,070 after 6 years on compound Interest. Find the sum

Question

A sum of money becomes ₹13,380 after 3 years and ₹20,070 after 6 years on compound Interest. Find the sum
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Solution 1

Sure, let's solve this step by step.

Step 1: Understand the problem The problem is about compound interest. We know that the sum becomes ₹13,380 after 3 years and ₹20,070 after 6 years. We need to find the original sum.

Step 2: Use the formula for compound interest The formula for compound interes Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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