Question

4. Find the sum of money on which the interest equals
(1) 5700 in 3 years at the interest rate of 4% per annum.
(ii) 13 875 in 5 years at the interest rate of 6% per annum.​

Answer 1

Step-by-step explanation:

SI = PRT/100

SO,1) SI = 5700 X 3 X 4/100

             = 684

AND,2) SI = 13875 X 5 X 6/100

                =4165.5