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what sum of money lent at 12 1/2% per annum will produce the same interest in 4 years as ₹8560 produces in 5 years at 12% per annum? |
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Answer» <P> the interest =(p*4*12.5)/100 =RS . p/2 PART II given SUM = rs 8560, time =5 years and rate of interest = 12% p.a then interest=Rs . (8560*5*12)/100 . RS .5136 PART III by the given condition interest on rs point p in four years at 12.5%p.a=interest on rs .8560 in 5 year at 12% p.a then P/2=5136 Or, P=2*5136 or. p=10272 |
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