Question

a sum of money invested at 8% per annum for simple interest amounts to rupees 12122 in 2 years what will it amount to in 2 years 8 months at 9% rate of interest​

Answer 1

Answer:

let the principal be x

then ,

SI = PTR/100

12122-X = X * 2 * 8/100

12122*100/2*8=x+x

758*100 =2x

x=37900