Question

A certain sum of money at simple interest amount to Rs. 1040 in 3 years and to Rs.1360 in 7 years. Find the sum and rate p.c.p.a

Answer 1

Answer:

HEY DUDE HERE IS YOUR ANSWER

Step-by-step explanation:

Simple Interest for 4 yr = Rs(1360 - 1040 ) = Rs 320

so, Simple Interest for 3 yr= Rs [(320/4) x 3]= Rs 240

Sum = Rs (1040-240)= Rs 800

THANKS!!!

Answer 2

Answer:

800

Step-by-step explanation:

Simple Interest for 4 yr = Rs(1360 - 1040 ) = Rs 320

so, Simple Interest for 3 yr= Rs [(320/4) x 3]= Rs 240

Sum = Rs (1040-240)= Rs 800