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A certain amount of money amounts to Rs. 720 in 2 years and to Rs. 870 in 4(1/2) years. Find the rate of interest if S.l. is reckoned. |
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Answer» Step-by-step explanation: Answer Correct OPTION is D Rs 600 ⇒ S.I. for 7 years = Rs. 1020 ∴ S.I. for 5 years = Rs. 1020− Rs. 720= Rs. 300. ⇒ S.I. for 2 years = 5 300
×2=Rs.120 ⇒ Principal=720−120=Rs.600 ∴ The SUM is Rs.600. |
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