Question

A certain sum amount to 6200 in 2yrs and Rs. 7400 in 3 yrs

Answer 1

Answer:

Let P be the principal and R as interest rate.

= 3PR/100 - 2PR/100

= 7400 - 6200= 1200.

= PR/ 100 = 1200.

= 2P + 3PR/100 + 2PR/100

= 7400 + 6200 = 13600

Answer 2

Answer:

8600

Step-by-step explanation:

actual amount is 5000

1st year 6200

2nd year 7400

3rd year 8600