what sum of money lent out at 6 whole 1/4 % per annum produces the same simple interest in 2 years as rupees 2100 lent out at 3% per annum produces in 16 months
Answers
Answered by
3
Answer:
Simple interest= 140
principal = 1120
Step-by-step explanation:
case 1
p = 2100
r = 5%
t = 4/3 yrs
SI = prt / 100
2100×5×4 / 100 × 3
SI = 140 rs
case 2
p = ?
r = 25/4 %
SI = 140 rs
SI = prt / 100
140= p×25×2 / 100 ×4
140 = p / 8
140×8=p
p = 1120
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Answered by
10
Answer:
Let the principal be x
So ,
S.I. = x × 25/4 × 2 / 100
= 12.5x /100
2 case
S.I. = 2100× 3×16/12 /100
= 8400/100
= 84 rupees
12.5x /100 = 84
12.5x = 84×100
12.5x = 8400
x= 8400/12.5
x= 672 rupees ANSWER
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