The simple interest on a sum of money for 5 years at 6%p.a. is rupees.120 more than the simple interest on the same sum of money at 5%p.a. for 4 years. Find the sum invested.
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P = Rs. 1500, R = 12% , T = 3+312=134 years
SI = P×R×T100=1500×12×13100×4
= Rs 585
Amount = P+ SI
= 1500 + 585
= Rs. 2085
gamerruv1234:
It is the wrong answer, the answer is ₹1200, but I don't know how? Thanks you tried to answer!
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