a simple interest on a certain sum of money for 5 years at 10% per annum is rs. 196 less than the simple interest on the same sum for four years at 16% per annum .find the sum
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Interest = PRT
.
Given that interest for 5 years at 10% is Rs 196 less than 4 years at 16%
⇒ P(0.16(4) - P(0.1)(5) = 196
.
Solve for P:
P(0.16(4) - P(0.1)(5) = 196
0.64P - 0.5P = 196
0.14P = 196
P = Rs 1400
.
Answer: The principal amount is Rs 1400
.
Given that interest for 5 years at 10% is Rs 196 less than 4 years at 16%
⇒ P(0.16(4) - P(0.1)(5) = 196
.
Solve for P:
P(0.16(4) - P(0.1)(5) = 196
0.64P - 0.5P = 196
0.14P = 196
P = Rs 1400
.
Answer: The principal amount is Rs 1400
deepbadhani021p2djtn:
this is your answer my friend
pl solve clearly
where is your problems please add
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