Question

A sum of money amounts to Rs. 6600 in two years and Rs. 7200 in 4 years,
Find the sum and the rate of simple interest.​

Answer 1

Step-by-step explanation:

PRINCIPLE=7200-6600=1200

1200/2×4=600

1200×600×4

100

12×600×4=28,800

SO THE SUM OF MONEY IS ₹28,800

AT THE RATE OF ₹600