The ratio b/w a sum of money and amount at the end of T yrs is 4:5 and in next 3yrs the ratio becomes 5:7.What is the rate of interest PA and the Value of T.??
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Answer:
Step-by-step explanation:
P/(P+PRT/100) =4/5
5P=4(P+PRT/100)
=>5P=4P+PRT/25
=>5P-4P=PRT/25
=>1=RT/25
=>RT=25. ..... (1)
A/Q NEXT 3YRS
P/[P+PR(T+3)/100] =5/7
=7P=5P+PR(T+3)/20
=>2P=PR(T+3)/20
=>2=R(T+3)/20
=>40=RT+3R
=>40=25+3R. .... FROM EQ1
=>3R=40-25
=>R=15/3=5%
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