A certain sum amount to rs 18600 in 4 years and rs 20400 in 6 year under simple intrest. Find the sum
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Answer:
Sum is Rs.15000
Step-by-step explanation:
Amount in 4 years= 18600
amount in 6 years= 20400
if we subtract the amount of 4 years from 6years we will get Simple interest of 2 years that is:
20400- 18600= 1800 rupees(2 year SI)
so SI of one year = 1800/2= 900 rupees
we have to find the sum or principal so, we will subtract SI of four years from amount of 4 years that is: 18600- 900×4= 18600-3600=15000 rupees
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