Ritu lent a sum to Renu at simple interest which amounts to ₹7500 in 5years and ₹9500 in 9years . find the sum of money at the rate of interest
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Answer:
S.I. for 2 years = Rs. 720.
⇒ S.I. for 7 years = Rs. 1020
∴ S.I. for 5 years = Rs. 1020− Rs. 720= Rs. 300.
⇒ S.I. for 2 years =5300×2=Rs.120
⇒ Principal=720−120=Rs.600
∴ The sum is Rs.600.
Step-by-step explanation:
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