Question

A certain amount of money amounts to rs 4400 in two years and to rs 4600 in three years find the principal and rate of interest.

Answer 1

Amount 4000
Rate of interest 5 %

Principal4000
End of 1st year=(4000+200)
End of 2nd years=(4200+200)
End of 3rd year= (4400+200)

Answer 2

Answer:

Principal is 200

Rate is 5 percent

Hope it helps you