Question

Find the sum which is lent at the rate of 4% p.a.
for 1 year will give the same simple interest
as 14,000 lent at 7% p.a. for 2 years.​

Answer 1

Answer:

Step-by-step explanation:

Let the Sum be X

P=Interest*100/RT

P=14,000*100/7*2

P=14,000*100/14

P=1,00,000

Hope it Helped you!!!

Please Mark me as Brainliest

Answer 2

Answer:

Interest of the second lent is

• I =Prt/100
• I = 14000×7×2/100
• I= 1680

Then the Interest will be ₹1680

The principle of first lent be

• P = 1680×100/4×1
• P = 48000