Dharma invested Rs. P for 3 years in scheme A which offered 12% p.a. simple
interest. She also invested Rs. P + 400 in scheme B which offered 10% compound
interest (compounded annually), for 2 years. If the amount received from scheme
A was less than that received from scheme B, by Rs. 304. what is the value of P?
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Answer:
1st money..
1st money..P=P r = 12 n = 3 year
P r = 12 n = 3 year PRN /100
P r = 12 n = 3 year PRN /100 Px 12 x 3 /100
P r = 12 n = 3 year PRN /100 Px 12 x 3 /100 36 P /100
2nd money
p=p+400 r=10 n=2
p(1+i)ñ
p+400(1+0.1)²
p+400(1.21)
Step-by-step explanation:
about your questions A is less than B
so B-A= 304
p+400(1.21) - 36/100 p = 304
solve it n get ans...
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