the simple intrest on the certain sum for 4 year at 9% annum is 114rs more than the simple intrest on the same sum of 3year at 10% per annum find sum
Answers
Answered by
2
Let :
- Sum (or Principal) = P
- SI{1} = I (for 1st case, when t = 4year)
- SI = I' (for 2nd case , when t = 3year)
Given :
- SI{1} = ₹114 + SI{2}
- r = 9% p.a.
- t = 4 years
- r' = 10% p.a.
- t' = 3 years
To find :
Sum or Principal
Formula used :
Interest = P×r×t
Solution :
SI{1} = P × r × t
I = P × (9/100) × 4
I = P × (36/100)
I = 0.36P ....... equation 1
SI{2} = P × r' × t'
I' = P × (10/100) × 3
I' = 0.3P ........equation 2
As SI{1} = ₹114+ SI{2}
=> I = 114 + I'
=> I' = I - 114
putting value of I' in equation 2 , we get;
I - 114 = 0.03P ......equation 3
putting value of I from equation 1 to equation 3 , we get;
ANSWER :
Sum (or Principal ) = P = ₹1900
Similar questions