Find the sum of money that amounts to 5850 in six years at 5% per annum.
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Answered by
0
Answer:
Rs 4500
Step-by-step explanation:
let sum of money = x
I = P×R×T / 100
5850 - x = x×5×6 /100
5850 - x = 30x / 100
585000 - 100x = 30x
585000 = 30x + 100x
585000 = 130x
585000 / 130 = x
4500 = x
So, sum of money is Rs 4500
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Answered by
3
Answer:
Hence, the sum is 4500
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