A sum of money amount to rs. 6200 in two years and rs. 7400 in 3 years. The principal and rate of interest are?
Answers
Answered by
2
Step-by-step explanation:
6200=in 2 years
7400=in 3 years
Diff=1200 in 1 year
So
Principal=6200-1200=4000
Rate=1200/4000×100=30%
Similar questions
Math,
6 months ago
Math,
6 months ago
English,
6 months ago
Business Studies,
11 months ago
Social Sciences,
11 months ago
English,
1 year ago
Math,
1 year ago