Question

A certain sum of amount if ₹9,440 in 3

years and to ₹10,400 in 5 years. Find the

sum and the rate percent.

with solution​

Answer 1

Step-by-step explanation:

in 5 yr------10400

in 3yr---------9440

-----------------------

in 2yr ------- 960

in 1 yr ------ 480

in 5 yr------- 2400

now Sum(P) = 10400 - 2400 = 8000

R - 480/8000 × 100 = 6 %