A sum of money invested on simple interest amounts to 620 in 3 years and to 690 in 5 years. The sum invested is:
(A) 550
(B 410
(C) ₹585
(D ₹515
Answers
Answered by
0
Answer:
550
Step-by-step explanation:
cause solve it bruh use brain not brainly
Answered by
0
Given:
A sum of money invested on simple interest amounts,
620 in 3 years and
690 in 5 years
To find :
The sum invested.
Formula to be used:
= P + ( n × I)
Solution:
Step 1 of 2:
Let , = 620
= 690
Substituting the values in the following formula,
= P + ( n × I )
= P + ( 3 × I )
620 = P + 3I ------------- Eq (1)
= P + ( 5 × I )
690 = P + 5I ------------- Eq (2)
Subtracting Eq (2) from Eq (1) we get ,
690 - 620 = P + 5I - P - 3I
70 = 2I
I =
I = 35
Step 2 of 2:
Substitute I = 35 in Eq(1)
620 = P + 3I
620 = P + 3(35)
620 = P + 105
620 - 105 = P
P = ₹515
Final answer:
Therefore, the sum invested is ₹515.
Thus, the correct option is (D) ₹515
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