A sum of money at simple interest amounts to 600 in 4 years and 625 in 5 years. What is the sum invested?
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Answer:
P=Rs500
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Answered by
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Answer:
Rs.450
Step-by-step explanation:
A sum becomes Rs. 600 in 4 years
A sum becomes Rs. 625 in 5 years
Interest in 2 years = Amount of 5 years - Amount of 4 years
Interest in 2 years = 625 - 600
Interest in 2 years = 25
⇒ Interest in 4 years =
=
= [tex]50\\ [/tex]
We know,
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