The diameter on a certain sum of money is Rs. 1480 in 2 years and at 10 per ceny per year. Find the sum of money.

Jax Shea

Jax Shea

Answered question

2023-03-17

The diameter on a certain sum of money is Rs. 1480 in 2 years and at 10 per ceny per year. Find the sum of money.

Answer & Explanation

ew6indynz9

ew6indynz9

Beginner2023-03-18Added 7 answers

Let P = Rs. x Rate(R)=10%
Time(T)=2 years
Interest = P × T × R 100 = x × 10 × 2 100 = x 5 x = 1480 × 5 = 7400
Hence the money Rs. 7400

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