Question

rs 1,200 amounts to 31,740 in 5 years, find the sum that will amount to 2,720 in 4 years at the same rate
of interest per annum.​

Answer 1

Answer:

answer is

Step-by-step explanation:

P = 1200 T = 5 R = ?

Amount = 1740 Interest = 540

Interest = PRT ÷ 100

540 = 1200.5. R ÷ 100

R = 9 Percent

New amount = 2720

Rate = 9 Percent

Time = 4 year

Let P = x

Therefore Interest = 2720 - x

Interest PRT ÷ 100

2720 - x = x.9.4

100 (2720-x) = 36x

x = 2000

Therefore fixed amount is 2000 rs

Please mark me as the BRAINLIEST