Question

5.11
A sum of money would amount to Rs.6,200 in 2 years and Rs.7,400 in 3 years. The principal and
rate of simple interest are:​

Answer 1

Answer:

❤Amount1= 6200, R1 =2 , Amount2 = 7400, R2= 3interest = amount 2 - amount 1 = 7400 - 6200= 1200..principal + 2 interest ( interest of two years)= Amount principal + 2(1200) = 6200principal = 6200-2400= 3800❤