22. A sum of money amounts to Rs. 910-
at 5% per year in 6 years. Find the
principal
Answers
Answered by
3
Answer:
Assuming that interest is simple, interest at 5% for 6 years shall be 30% of principal amount. So after 6 years the amount will become 100+30=130
If sum after 6 years is 130, principal sum is 100.
So sum after 6 years is 910, principal sum would be =
130
910
×100=700 rupees.
Similar questions