Question

what sum of money wil amount to rs5200 in 6 yrs at the same rate of interest at which rs1706 amount to rs3412 in 20yrs​

Answer 1

Answer:

If Simple interest is calculated, the amount of Rs 1706 doubles in 20 years at Rate of interest = 100/20 = 5%

Now, Let the unknown sum = x

5% interest for 6 years means total 30% interest.

=> 5200 represents 130% of x.

x = 5200/13% = Rs 4000

I HOPE IT HELP YOU ✌️✌️✌️

THANKS YOU