Question

(1) The annual income of a man reduces by Rs. 60 when the rate of interest
decreases from 4% to 15/4%. Find the required sum. (simple interest sum)​

Answer 1

Answer:

Step-by-step explanation:

Let the principle amount be ₹x,Simple interest at 4% in 1years(let)=Amount=S.I.+principleNow,simple interest at 15/4% in 1years=Amount=According to question,Amo… ... by rupees 60 when the rate of interest decrease from 4 % to 3×3/4%. find the required sum. ... sorrysarkar0123 is waiting for your help.