Question

if 1200amount to 1740in5year find the sum that will amount to rupees2720in4year at same rate of interest​

Answer 1

Answer:

principal = 1200

amount = 1740

interest = (1740-1200)

= 540

I = P×R×T/100

540 = 1200×R×5/100

R = 9

now we have amount 2720 in 4 years

P = 2740×100/136

P = 2000