the difference between simple interest on a sum of money for 3 years and for 2 years at 10% per annum is rupees 300 find the sum
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The sum of m is 600 that's your answer
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Given : The difference between simple interest on a sum of money for 3 years and for 2 years at 10% per annum is rupees 300
To Find : find the sum
Solution:
Let the principal be x
Time = 3 years
Rate = 10%
Time = 2 years
We are given that The difference between simple interest on a sum of money for 3 years and for 2 years at 10% per annum is rupees 300
Hence The sum is 3000
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