Question

what sum of money lent for 3 year at 4 percent per year will amount to rupee 392?​

Answer 1

Answer:

let the sum of money is Rs x

so interest= Rs x.3.4/100 =Rs 3x/25

x + 3x/25 =392

=> 28x/25=392

=> 28 x=392×25

=> x=392×25/28

=> x=14×25

=> x=350

so sum of money is Rs 350