Question

13. What sum of money will amount to rs.520 in 5 years and to rs.568 in 7 years at simple interest?

Answer 1

HERE IS YOUR ANSWER

Simple interest for 2 years = (568 – 520) Rs. = 48 Rs.

∴ Interest for 5 years =

= \frac{48}{2}\times 5 = 120 Rs.

Principal = (520 – 120) = 400 Rs.

KILLER✌