on what sum of many s.i 4years at 7 1%2 %p.a eqal to the s.i on rs.10500 in 5years at 12%p.a
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P=10500, r=12%, t=5, S.I=?
s.i.= (10500*5*12)/100
=6300
in other case, according to question,
s.i.= 6300, r=7 1/2%= 15/2%, t=4, P=?
P= (6300*100)/(4*15/2)
= 21000
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