Question

Rs. 5000 EARNS A COMPOUND INTEREST AT 10% p.a. FOR 5 YEARS. IN THIS CASE , INTEREST IS COMPOUNDED ANNUALLY. INSTEAD, IF THE SAME PRINCIPAL EARNS 10%p.a. INTEREST COMPOUNDED QUARTERLY FOR 5 YEARS, WHAT RATE OF INTEREST WOULD YOU CONSIDER WHILE DOING THIS SUM?

Answer 1

Answer:

Let

◕ One number = 2x

◕ Another number = 5x

☯ As per the Question

The difference of two numbers is 66, so,

➝ 5x-2x = 66

➝ 3x = 66

➝ x = 66/3

➝ x = 22

So now the numbers will be,

First Number

»» 5x

»» 5 × 22

»» Number = 110

Second Number

»» 2x

»» 2 × 22

»» Number = 44

Verification

➳ a-b = 66

➳ 110-44 = 66

➳ 66 = 66

➳ LHS = RHS

Hence Verified!!

Step-by-step explanation:

Answer 2

Step-by-step explanation:

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