Question

S.I on a certain sum of money at 4% p.a for 4yrs is Rs.19 more than interest on the same sum for 3yrs at 5% p.a . The sum money is?​

Answer 1

Answer:

Rs.1900

Step-by-step explanation:

Simple Interest = PRT/100

SI on 4% p.a. for 4 years = P×16/100

SI on 5% p.a. for 3 years = P×15/100

According to Question,

P×16/100 - P×15/100 = 19

=> P/100 = 19

=> P = 19×100

=> P = Rs.1900

Answer 2

Answer:

Rs.1900

Step-by-step explanation:

Simple Interest = PRT/100

SI on 4% p.a. for 4 years = P×16/100

SI on 5% p.a. for 3 years = P×15/100

According to Question,

P×16/100 - P×15/100 = 19

=> P/100 = 19

=> P = 19×100

=> P = Rs.1900