Question

Please solve this 26) bit question?

Answer 1

Answer:

Sum = 3375

Step-by-step explanation:

Let the sum = x.

Given, R = 6 (2/3) = 20/3%, n = t = 3 years.

(i) Compound Interest:

C.I = P[(1 + r/100)ⁿ - P]

    = x[(1 + 20/300)³ - 1]

    = x[(1 + 1/15)³ - 1]

    = x[(16/15)³ - 1]

 

    = x[(4096/3375) - 1]

    = x[721/3375]

    = 721x/3375

(ii) Simple Interest:

= PTR/100

= (x * 20 * 3)/300

= 60x/300

= x/5.

Given, Difference between C.I and S.I is 46.

⇒ (721x/3375) - (x/5) = 46

⇒ (721x - 675x)/3375 = 46

⇒ 46x/3375 = 46

⇒ x = 3375.

Therefore, Sum is 3375.

Hope it helps!

Answer 2

Answer:

Step-by-step explanation:

The answer is explained below