Question

. ... Interest on a certain a sum of money invested at
5% interest amounts to * 105 for second year, find
the amount invested ?​

Answer 1

Answer:

1050 rs

Step-by-step explanation:

r = 5%

S.I = 105

P = ?

T = 2 Years

S.I = P*T*R/100

105 = P*2*5/100

105 = P*2*1/20

105 = P*1*1/10

P = 105*10

P = 1050