A certain sum of money amounts to
1344 in 3 years and 1440 in 5 years
Find the sum and rate of interest.
Answers
Answered by
0
Answer:
S. I for 2 years = (1440- 1334) =96
s. I for 3 years = 96/2 ×3 =144
1334 - 144=1330 ( principle sum)
rate =p×r×t/100 =s.i
1330×r×3/100=144
r=14400/1300×3
R=3.6923℅
Similar questions