a sum amounts to rupees 560 in 3 years and rupees 600 in 5 years what is the amount of the principal and the rate of simple interest
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Amount of 5 years = 600
Amount of 3 years = 560
so amount of 2 years = 40
amount of 1 year = 20
amount of 3 years = 60
Principal + Interest = 560 ( for 3 years)
P + 60 = 560
Principal = 560 - 60
= 500 Rs.
Interest for 3 years = 60
pxnxr/100 = 60
500 x 3 x r / 100 = 60
r = 60/15
r = 4 so (P= 500 rs & r = 4%)
Amount of 3 years = 560
so amount of 2 years = 40
amount of 1 year = 20
amount of 3 years = 60
Principal + Interest = 560 ( for 3 years)
P + 60 = 560
Principal = 560 - 60
= 500 Rs.
Interest for 3 years = 60
pxnxr/100 = 60
500 x 3 x r / 100 = 60
r = 60/15
r = 4 so (P= 500 rs & r = 4%)
nandhu16:
thank u very much for ur ans
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