Question

Find the sum of money that amounts to ₹8720 in 2 years at 9 2 % p.a.

please answer fast​

Answer 1

Answer:

Find the sum of money that amounts to ₹8720 in 2 years at 92% p.a....

Find the sum of money that amounts to ₹8720 in 2 years at 9

2

Answer 2

x = 8000

Given:

Let the sum be 'x'

The amount = ₹8720

Time = 2 years

Rate = $\frac{9}{2}$ %

Simple interest (SI)=  ₹8720 - x -------> 1

ATP

(SI) = $\frac{prt}{100}$  ----> 2

From 1 and 2

8720 - x = x × $\frac{9}{2}$ × 2 / 100

100(8720 - x) = x × $\frac{9}{2}$ × 2

872000-100x =  x × $\frac{9}{2}$ × 2

872000-100x =9x

872000=109x

x = $\frac{872000}{109}$

x = 8000

#SPJ3