Question

interest. Find the interest in the 4th year.
(14) The maturity amount of Rs. 24,33,600 at 20% p.a. compound interest after 2
years is same as the maturity amount of a sum at 30% p.a. compound
interest after 2 years. Find the sum.
(15)) A person left Rs.302 52 500 for her
who were 16 and 15 years​

Answer 1

Sum of money → II year Rs. 4000 → III year Rs. 5000

There is increase of Rs. 1000 in 1 year due to interest

1000=

100

4000×R×1

∴R=25% per annum.

[S.I.=

100

P.R.T

]