the simple interest on a certain sum of money for 5years at 10% per annum is rs 196 less than the simple interest on the same sum for 4 years at 16% per annum .find the sum
Answers
Answered by
1
Let the sum be Rs x.
Case 1:
Principal = Rs x
Rate of interest = 7%
Time 

Case 2:
Principal = Rs x
Rate of interest = 5%
Time = 4 years

According to the given condition,

Hence, the sum is Rs 5000.
Case 1:
Principal = Rs x
Rate of interest = 7%
Time 

Case 2:
Principal = Rs x
Rate of interest = 5%
Time = 4 years

According to the given condition,

Hence, the sum is Rs 5000.
jyotigupta91:
not correct
but i can use this trick
u can
Similar questions