setting sum of money at simple interest scheme amount to be rupees 8080 in 6 year and Rs 7920 in 4 years respectively find the principal and rate percentage
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Answer:
Rs.6000
Step-by-step explanation:
Simple interest for 2 years
= 8880-7920
= 960 P*2*R/100 = 960 PR = 48000 A = P+I 7920 = P+[P*4*R/100] P = 7920 - [48000*4/100] = 7920-1920 = 6000
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