A sum of money amounts to Rs. 10,400 in 6 years and Rs.11,200 in 8 years. Find the sum and rate of interest.
Answers
Answered by
1
Answer:
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Answered by
2
Answer:
5%
Step-by-step explanation:
8years 11200
6years 10400
diffrerence
2years 800
1 year interset 400
then 8 years interest 400*8=3200
total =amonut-intetest =11200-3200=8000
amonut =8000 interest 5%
toatal 11200
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