Question

The simple intrest on a certain amount of money for 5 years at 10% per annum is rs 196 less than the simple intrest on the same sum for 4 years at 16% per annum.Find the sum.

Answer 1

Answer:

Step-by-step explanation:

(P*16*4)/100-(P*10*5)/100=196

16P/25-P/2=196

(32-25)P/50=196

7P/50=196

P=196*50/7

P=1400

The sum is 1400