Question

Find the sum on which as much interest is gained at 6% for 3 years as is gained on 900 at 8% for 2 years.​

Answer 1

Answer:

Sum is Rs. 800.

Step-by-step explanation:

Let the sum is x.

SI = PRT/100

Now according to question,

$\frac{x \times 6 \times 3}{100} = \frac{900 \times 8 \times 2}{100} \\ x = \frac{900 \times 8 \times 2 \times 100}{100 \times 6 \times 3} \\ x = 800$