On what sum of money will the compound interest for 2 years at 8% p.a. will be ₹7448?

Answer:
Rs.6420
Step-by-step explanation:
we know that A=P(1+r/100)
7488=P(1+8/100)2
7488*10000/108*108=P
P=Rs.6420
Answer:
Principal=Rs.45000 ; And Amount=Rs.52488.
Step-by-step explanation:
For finding Principal i used the formula:[ x(1+8/100)^2-x] =C.I ( where x = P)
And for Amount : Sum of principal and interest.
Hope so, you liked my solution.