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

Answer:

10800

Step-by-step explanation:

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

Then

[100x×(R+2)×T]−[100x×R×T]=108...(i)

⇒2×T=10800

And 

[100xtimesR×(T+2)]−[100x×R×T]=108 ...(ii)

⇒2×R=10800

HOPE IT HELPS;)