Question

a sum of money is lent out at 9% for 5 yrs produce twice as much interest as rupee 4800 in 4.5 yrs at 10% . Find the sum​

Answer 1

Answer:

let the sum of money be "S"

interest = (4800×4.5×10)/100 = 48×45

48×45 = (S×9×5)/100

48×45×100 = S×45

S = 4800 rupees