PRAHLAD INVESTS A SUM OF MONEY IN A BANK AND GETS RS.3307.5 AND RS.3472.87 IN SECOND YEAR AND THIRD YEAR RESPECTIVELY.FIND THE SUM HE INVESTED.
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Answer:
He Invested 3142.13 Rupees only
Step-by-step explanation:
In first year he Invested = 3307.5
In second year he Invested = 3472.87
What is the interest = ?
Ans Interest = 3472.87 - 3307.5 = 165.37 Per year
Therefore In third year he Invested = 3472.87 + 165.37 = 3638.24
So , Three years was will be the interest
= 165.37×3 = 496.11
Total Sum - Total interest
3638.24 - 496.11 = 3142.13 Rupees
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