Question

please answer me urgently step by step explanation please clear photo of answers please urgent answer​

Answer 1

Answer:

Rs. 5000 and 24%

Step-by-step explanation:

Amount in 3 years: Rs. 8600

Amount in 4 years: Rs. 9800

Principal= x, Interest= y

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• 1) x+3y=8600

• 2) x+4y=9800

Subtract 1) from 2):

• x+4y - (x+3y)=9800-8600

• y=1200 annual Interest

• then

• x=8600-3600=5000 Principal

• Interest rate= 1200/5000*100%= 24%

Answer: Rs. 5000 and 24%