A sum of money becomes Rs.24200 in 2years and 26620 in3years .Find the sum and the rate of interest
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S.I.=R.s.26620-R.s24200
=R.s.2420
S.I.for two years=R.s.(2420*2)
R.s.4840
Principal=R.s.24200-R.s.4840
=R.s.19360
Rate of interest= (100*4840/19360/2)%
= 12.5%
TrishalaBhagat:
you are sure this is correct answer
no
but the way of doing is correct
ok
you have taken out the rate of interest but what is the sum
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