Question

A sum of rs x was borrowed and paid back in 2 equal yearly installments, each of rs 35,280. If rate of interest was 5%, compounding annually, then the value of x is

Answer 1

$\huge{\boxed{\mathtt{\red{ANSWER}}}}$

5% = 5/100 = 1/20

21*20 -------------- 21*21

400 ------------- 441

Installments = 441

P = 420+400 = 820

so,

value of X = 35280*820/441 = 65600 (Ans)

(Mark as brainlist)

Answer 2

Step-by-step explanation:

5% = 5/100= 1/20

21*20 -------------- 21*21

400 ------------- 441

Installments = 441

P = 420+400 = 820

so,

value of X = 35280*820/441 = 65600 (Ans)

(Mark as brainlist)