the simple interest on a certain for 8 years at 12 per cent per annun is 3120 more than the simple interest on the same sum for 5 years at 14 per cent per annun. find the sum
Answers
Answered by
1
Let Rs. P be the sum
At 12% per annum the interest for 8 years
=
100
P×12×8
=
25
24P
qat 14% per annum the interest for 5 years
=
100
P×14×5
=
10
7P
ACQ,
⇒
25
24P
=3120+
10
7P
⇒(
25
24
−
10
7
)P=3120
⇒(
100
96−70
)P=3120
⇒(
100
26
)P=3120
⇒P=
26
3120×100
⇒P=12000
Answered by
0
let the required sum be ' Rs P '
as we know that ,
S.I = P × R × T/100
according to question,
S.I on a sum for 8 years at 12% per annum=Rs 3120 + S.I on the same sum for 5 years at 14 % per annum
P × 12 × 8 /100 = 3120 + P × 14 × 5 / 100
96P /100 = 3120 + 70P / 100
0.96P = 3120 + 0.7P
0.96P - 0.7P = 3120
0.26 P = 3120
P = 3120 / 0.26
P = Rs 12,000
therefore the sum = Rs 12,000
_______________________________
Your Answer : sum = Rs 12,000
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