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?
Answers
Answered by
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
Answered by
6
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
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