Question

At what rate the principal of rupees 4000 be put for 3 years, so as to get rupee 1,320 as interest on maturity​

Answer 1

Answer:

Answer

Let the principal at the end of first year be Rs. x.

Then

100

x×10×1

=1320

or x=13200

Now, let the original principal be Rs. P.

Then, the amount after 1 year =P+

100

P×10×1

=

10

11P

10

11P

=13200

or P=(

11

13200×10

)=Rs.12000

Answer 2

Answer:

$4000 \times 100 + \div 3 \times 1320$

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