Question

A sum of money invested at 5%
per annum amounts to $896 in 2 2/5 years. What will it amount to in 3 years a month at the same rate of interest ?​

Answer 1

Answer:

Let the principal be x

So atq

X + x*5*12/100*5 = 896₹

X + 12x/100 =896

112x/100=896

X = 896*100/112

X= ₹800

So the principal is ₹800

Now amount in 3 year 9month or 9/4 year at the same rate = ₹800+ 800*5*9/100*4

=₹800+90

=₹890

Step-by-step explanation:

Answer 2

Answer:

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