Question

A sum of money amounted to ? 2520 at 10% per annum in 4 years. Find the sum.<br /><br /><br /><br /><br />plzz answer fast❤❤​.​

Answer 1

Answer:

Let Sum = P

Rate, R = 10% p.a

Time, T = 4 yrs

Amount, A = Rs 2520

Interest, I =PRT100⇒ I = P × 10 × 4100= Rs 0.4PA = P + I⇒2520 = P + 0.4P⇒1.4P = 2520⇒P = 25201.4=2520014=1800Therefore Sum = Rs 1800