Business Studies, asked by TbiaSamishta, 1 year ago

In simple interest a sum of money amounts to 6200 in 2 years and 7400 in 3 years find the principal

Answers

Answered by Anonymous
38
Solutions :-

Given :

Interest for 2 years = ₹ 6,200
Interest for 3 years = ₹ 7,400

Find the Interest for 1 years :-

Interest for 1 years = ₹ (7400 - 6200) = ₹ 1200

Find the Interest for 2 years :-

Interest for 1 years = ₹ 1200
Interest for 2 years = ₹ (1200 × 2) = ₹ 2400

Find the principle :-

Principle = 6200 - Interest for 2 years
= ₹ (6200 - 2400)
= ₹ 3800



Hence,
Principle = ₹ 3800
Answered by SmãrtyMohït
28

Here is your solution

Given that :-

Interest for 2 years = Rs 6200

Interest for 3 years = Rs 7400


To Find the Interest for 1 years :-


Interest for 1 years = Rs7400 - Rs6200

=>Rs 1200.


To Find the Interest for 2 years :-


Interest for 2 years = 2×Interest of 1st years

=>1200 × 2

=>Rs 2400.


To Find the principle :-


Principle = 6200 - Interest for 2 years

=>Rs6200 - Rs2400

=>Rs3800.

Hence

Principal is Rs 3800


Hope it helps you

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