Question

what sum of money should lent at 6% for 4 years will produce the same interest at ₹800 for 5years at 4. 5%

Answer 1

in first case 
P= rs. 800
t= 5 yrs
r%=4.5%
I=(p*r*t)/100
I=(800*4.5*5)/100
interest is rs 180

In 2nd case
P=P
R=6%
t=4 yrs
Interest is same 
Therefore, 
180= (p*6*4)/00
which is equal to 7500
thus the sum is Rs 7500

hope it helps.....

Answer 2

Step-by-step explanation:

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