The difference between simple interest in a
sum of money for 3 years and 2 years at
10% per annum is 300. Find the sum.
Answers
Answered by
0
Answer:
500
Step-by-step explanation:
Answered by
1
Answer:
so dear friend
if the difference is 300 so it is the interest of 1 year
by the formula of simple interest we can get the Principle
10×1×X =300
100
10X=30000
X=3000
so the principle is 3000
and the sum for three year is 300×3+3000
3900
and the sum of 2 year is 300×2+3000
3600
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