A Sum Was Put At Simple Interest At A Certain Rate For 2 Years. Had It Been Put At 3% Higher Rate, It Would Have Fetched ₹72 More. The Sum Is:
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Answered by
1
Answer:
1200
Step-by-step explanation:
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2
Answer:
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Step-by-step explanation:
Let the sum of money is Rs.x ,
S.I. on r%. = (x.r.2)/100
S.I.on (r+3)%= {x.(r+3).2}/100.
Accordingly :-
{x.(r+3).2}/100 - (x.r.2)/100=72
or, (2.x/100).(r+3 -r) =72.
or, x = (72×100)/(2×3) = Rs.1200. Answer.
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