Question

a sum of money amounts to rupees 6200 in 6 years at 4% simple interest per annum in how many years the sum amounts to rupees 7025 at the rate of 4½% simple interest per annum​

Answer 1

Answer: 7400-6200=1200

12002(Years)=2400

P=6200-2400

P=3800

Now Rate:

I=S-P

I=7400-3800

I=3600

I=Prt

3600=38003t

t=0.31%

t=31.5789

Step-by-step explanation: