1.

In simple interest a sum of money amounts to 6200 in 2 years and 7400 in 3 years find the principal

Answer» SOLUTIONS :-

Given :

INTEREST for 2 YEARS = ₹ 6,200
Interest for 3 years = ₹ 7,400

Find the Interest for 1 years :-

Interest for 1 years = ₹ (7400 - 6200) = ₹ 1200

Find the Interest for 2 years :-

Interest for 1 years = ₹ 1200
Interest for 2 years = ₹ (1200 × 2) = ₹ 2400

Find the principle :-

Principle = 6200 - Interest for 2 years
= ₹ (6200 - 2400)
= ₹ 3800



Hence,
Principle = ₹ 3800


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