on what sum of money will the interest at 5% p.a. for 4 years be the same as their on rupees 2500 3% for 6 years
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Answered by
8
Answer:
2250 rs.
Step-by-step explanation:
Let sum of money = p
Simple interest on 1 = 2
P * R * T = 2500 * r * t
100 100
P * 5 * 4 = 2500 * 3 * 6
P = 2500 * 3 * 6
5 * 4
P = 2250 rs.
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