Question

the interest on a certain sum of money is Rs. 1480 in 2 years 10 percent per year. Find the sum of money

Answer 1

interest = 1480
t=2
rate = 10
si = ptr/100
p = (ix100)/txr
p= (1480*100)/(2*10)
p=1480*5
p=7400

Answer 2

p= 100*SI/rate*time
p=100*1480/10*2
p=740*10
p=7400