Find the sum of money that amounts to RS 5 , 850 IN Six years at 5% per annum.
Answers
Answered by
4
Answer:
₹4500
Step-by-step explanation:
let the sum of money (P) be x
Amount =₹5,850
time =6 years
Rate =5%
S.I=(x×6×5)/100
=3x/10
Amount =x+3x/10
=(10x+3x)/10
=13x/10
A/q, 13x/10=5850
13x=58500
x=₹4500
Similar questions