A sum of money amounts to 600 in 4 years
and to 650 in 6 years. Find the rate of interest
per annum.
Answers
Answered by
9
Answer:
ANSWER
A
2
=Rs600andA
4
=Rs800
In case of S.I.; A
n
=P+(n×I) [here, n=no. of years and I=simple interest in one year]
A
4
=P+4I⇒800=P+4I ...........eq(1)
A
2
=P+2I⇒600=P+2I ..........eq(2)
subtracting eq(2) from eq(1) we get
⇒200=2I
∴I=100
now substitutin I=100 in eq(2)
⇒600=P+2×100
⇒600=P+200
∴P=Rs400
hope it help .....
thank you^_^.....
Answered by
1
Answer:
The rate of interest is 5%
Step-by-step explanation
Let the principal be x
Amount = Rs.600
Interest = Amount - Principal
Interest = 600-x
Time = 4 years
Amount = Rs.650
Interest = Amount - Principal
Interest = 650-x
Time = 6 years
So,
Substitute the value of x in A
Hence the rate of interest is 5%
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