Question

find the sum of money amounts to RS 5850 and six years at 5% per annum​

Answer 1

Let the unknown sum be x.

Then,

$x + \frac{x(5 \times 6)}{100} = 5850 \\ \\ x + \frac{30x}{100} = 5850 \\ \\ \frac{100x + 30x}{100} = 5850 \\ \\ \frac{130x}{100} = 5850 \\ \\ x = \frac{5850 \times 100}{130} \\ \\ x = 45 \times 100 \\ x = 4500$

Hence, ₹ 4500 would amount to ₹5850 in six years at the rate of 5% per annum.








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