Question

if the rate increase by 2% the simple interest on a some of money increase by rs.108. if the time period is increased by 2 year the simple interest on the same some increased by rs.180 the sum is

Answer 1

Let the sum be Rs. p, rate be R% p.a. and time be T years.

Then,

(P×T×(R+2)100)−(P×T×R100)=108 ⇒2PT= 10800 ...... (1)

And,

(P×R×(T+2)100)−(P×R×T100)=180 ⇒2PR = 18000 ......(2)

Clearly, from (1) and (2), we cannot find the value of p

So, the data is not sufficient.

hope it helps.

please mark it as brainliest.