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