Question

A certain sum of money is put
out to compound interest for
4 years at 5 per cent per year.
The interest for the third year
is greater than that of second
year by Rs. 262.50. Find the
total interest for the four
years.

Answer 1

Answer:

let p- x in 4 year 4:6:4:1 is follow@ 5%

x*5%=x/20*4=X/5

X/20*5%=x/400*6=3x/200

x/400*5%= x/800*4=x/200

3x/200-X/200=262.50

Ans: 26250