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Find the sum invested at 10% compounded ...

Find the sum invested at 10% compounded annually, on which the interest for the first year plus the interest for the third year amount to रु 1,768.

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To solve the problem step by step, we will find the sum invested at 10% compounded annually, given that the interest for the first year plus the interest for the third year amounts to ₹1,768. ### Step 1: Define the Principal Amount Let the principal amount (the sum invested) be \( P \). ### Step 2: Calculate Interest for the First Year The interest for the first year can be calculated using the formula for simple interest: \[ ...
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