Answer:
Step-by-step explanation:
A shirt is on sale for $42. If this is (3)/(5) of the original price of the shirt, what was the original price of the shirt?
1 answer:
You might be interested in
For compound interest, the formula is given below:
Amount =
Here, P = 18,800
n = 2
r = 13/100
So, Amount =
= 18,800 × 1.2769
= 24005.72
Compound Interest = Amount - Principal
Compound Interest = 24005.72 - 18800
= 5205.72
Hence, the compound interest for Rs.18,800, calculated for 2 years at 13% rate of interest compounded annually is Rs.5205.72.