years, find the sum he borrowed and the total money he repaid.
6. A sum of money amounted to 31,200 at 4% per annum in 5 years. Find the original sum.
7. Who gets more money after 5 years?
a. Vimala who deposited 20,000 in a bank at 11.5% interest per annum, or
b. Kamal who deposited 25,000 in another bank at 10.5% interest per annum.
8. If31,200 amounts to 31,740 in 5 years, find the sum that will amount to 32,720 in 4 years at the sa
per
annum.
rate of interest
Answers
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1
Answer:
The original sum is 26000
Step-by-step explanation:
20/100 into x = 31200-x
On solving X=26000
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