A sum was put at simple interest at a certain rate for 2 years. Had it been put at 3% lower rate, it would have fetched Rs. 396 less. What is the sum? (in Rs.)
Select one:
a. 6400
b. 6200
c. 7000
d. 6800
e. 6600
Answers
Answered by
0
Step-by-step explanation:
We have,
R=2%
S.I=Rs. 50
T=2 years
P=?
We know that
S.I=
100
PRT
So,
50=
100
P×2×2
50=
100
P×4
50=
25
P
P=Rs. 1250
Hence, this is the answer
Answered by
0
Answer: We have,
R=2%
S.I=Rs. 50
T=2 years
P=?
We know that
S.I=
100
PRT
So,
50=
100
P×2×2
50=
100
P×4
50=
25
P
P=Rs. 1250
Hence, this is the answer.
Step-by-step explanation:
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