Solve this: Q A sum of money becomes 40,000 in 2 years and 53,000 in 3 years - Maths - Comparing Quantities

Question

Solve this:

Q A sum of money becomes 40,000 in 2 years and 53,000 in 3 years
Find the ,principal amount and rate of interest % per year

Ayushi Chaurasiya · Accepted Answer

Dear Student,
Kindly refer to the link for the similar query

https://www meritnation
com/ask-answer/question/a-certain-sum-of-money-at-compound-interest-becames-rs7-396/linear-equations-in-one-variable/6798046
Regards

Solve this: Q. A sum of money becomes 40,000 in 2 years and 53,000 in 3 years. Find the ,principal amount and rate of interest % per year.

Solve this:

Q. A sum of money becomes 40,000 in 2 years and 53,000 in 3 years. Find the ,principal amount and rate of interest % per year.