Question

The interest on a sum lent at the rate of 12.5% per annum for a period of 24 months is equal to 1.25 times interest on 2,800 at the rate of 8% per annum in 2.5 years. Find the sum.​

Answer 1

Answer:

The interest on a sum lent at the rate of 12.5% per annum for a period of 24 months is equal to 1.25 times interest on 2,800 at the rate of 8% per annum in 2.5 years. Find the sum.

Step-by-step explanation:

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