a certain amount of money amounts to rs, 44oo in 2 years and and to rs4600 in 3 years find - Maths - Fractions and Decimals

Question

a certain amount of money amounts to rs, 44oo in 2 years and and to
rs4600 in 3 years find the principal and rate of interest

Shruti Tyagi · Accepted Answer

Dear student,
Assuming the correct figure of amount in Ist case is Rs 4400
Amount in 3 yrs=Rs 4600Amount in 2 yrs=Rs 4400Interest for 1 years=Rs4600 - 4400=Rs 200Interest for 2 years=2×Rs 200=Rs 400Principal=Amount-SI=4400-400=Rs 4000R%=I×100P×T=400×1004000×2=102=5%
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a certain amount of money amounts to rs, 44oo in 2 years and and to rs4600 in 3 years.find the principal and rate of interest