Question

find the sum of money that amounts to rupees 5850 in 6 years at 5% per annum

Answer 1

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

Answer 2

this is a write answer