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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 third year exceeds the interest of the first year by रु 252.

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To find the sum invested at 10% compounded annually, where the interest for the third year exceeds the interest of the first year by ₹252, we can follow these steps: ### Step 1: Define the Principal Amount Let the principal amount be \( P \). ### Step 2: Calculate Interest for the First Year The interest for the first year \( I_1 \) can be calculated as: \[ I_1 = \frac{10}{100} \times P = 0.1P \] ### Step 3: Calculate the Amount After the First Year The amount after the first year \( A_1 \) is: \[ A_1 = P + I_1 = P + 0.1P = 1.1P \] ### Step 4: Calculate Interest for the Second Year The interest for the second year \( I_2 \) is calculated on the amount after the first year: \[ I_2 = \frac{10}{100} \times A_1 = \frac{10}{100} \times 1.1P = 0.11P \] ### Step 5: Calculate the Amount After the Second Year The amount after the second year \( A_2 \) is: \[ A_2 = A_1 + I_2 = 1.1P + 0.11P = 1.21P \] ### Step 6: Calculate Interest for the Third Year The interest for the third year \( I_3 \) is calculated on the amount after the second year: \[ I_3 = \frac{10}{100} \times A_2 = \frac{10}{100} \times 1.21P = 0.121P \] ### Step 7: Set Up the Equation for the Difference in Interest According to the problem, the interest for the third year exceeds the interest of the first year by ₹252: \[ I_3 - I_1 = 252 \] Substituting the values we calculated: \[ 0.121P - 0.1P = 252 \] \[ 0.021P = 252 \] ### Step 8: Solve for the Principal Amount \( P \) To find \( P \), we divide both sides by 0.021: \[ P = \frac{252}{0.021} \] Calculating this gives: \[ P = 12000 \] ### Final Answer The principal amount invested is ₹12,000. ---

To find the sum invested at 10% compounded annually, where the interest for the third year exceeds the interest of the first year by ₹252, we can follow these steps: ### Step 1: Define the Principal Amount Let the principal amount be \( P \). ### Step 2: Calculate Interest for the First Year The interest for the first year \( I_1 \) can be calculated as: \[ ...
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