A sum of money invested at 5% per annum amounts to ₹896 in 12/5 years.What will be the amount in 3 years 9 month at the same rate of interest?
Answers
Answered by
7
let x be the initial sum and interest being simple
x*1.05*12/5 = 896
solve the above equation to get x. 3 years 9 months equals 17/4
x*1.05*17/4 = y
x*1.05*12/5 = 896
solve the above equation to get x. 3 years 9 months equals 17/4
x*1.05*17/4 = y
Similar questions