Math, asked by tiatrivedi543, 1 year ago

The simple intrest on a certain sum of money for 3 years is 225 and the compound intrest on the same sum at the same rate for 2 years is 153 . Find the rate and principal.

Answers

Answered by Anonymous
7
Interest per year is Rs.75 (225/3).

When rates are compounded 2 years, the extra Rs. 3 interest over Rs. 75 will give you the given interest rate. 

3/75 = 1/25 = 4%

Let principal invested is X

75 = X*4/100 

X = Rs. 1875
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