Question

A sum of money amounts Rs. 4800 in 2 years and Rs. 5200 in 3 years. Find the principal and interest rate.​

Answer 1

principle 4000

rate of interest==10%

here the solution

in two years

4000*10/100*2

400*2=800

total amount

principle+interest

4000+800=4800

and same in three years

Answer 2

Here is your answer.

I hope it is help ful for you