Question

A cestain sum of
Sum of money amount to 7028
in 3 years and 28456 in 5 years. Find the
and the date of interest
Sum and​

Answer 1

Answer:

R = 14.61% , Sum = 4886Step-by-step explanation:From question , P + 3PR/100 = 7028 ....(1)Also, P + 5PR/100 = 8456 Equating above equations.

Thanks.