Question

7 The simple interest on a certain sun for
- 3 years at 8% per annum is 296 more
that than the simple interest on the
same sum for 2 years at 9% per annum
Find the sun.​

Answer 1

Answer:

4930 rs approximately

Step-by-step explanation:

let the total sum is 100 rs

now according to the question

for 3 years at rate of 8 % the sum will be = 24+100= 124 rs

also

for 2 years at the rate of 9 % = 18 = 18+100

= 118

now 124-118= 6

if we consider that the sum was 100 rs then it is giving 6 rs difference but the question is saying that the difference is 296

it means 6X = 296

X = 296/6

so the sum will be

296/6 × 100

= 4930 rs