mathssubject
mathssubject mathssubject
  • 21-07-2021
  • Mathematics
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What sum of money amount to Rs 6000 in two years at the rate of 10% per annum find it​

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Bromine67
Bromine67 Bromine67
  • 22-07-2021

Answer: Rs 5000 sum of money amount to Rs 6000 in two years at the rate of 10% per annum.​

Step-by-step explanation:

Amount = Rs 6000

T = 2 year

R = 10%

So

I = A-P

so

I = PTR/100

or, A-P = (P*2*10)/100

or, 6000-P = 20P/100

or, 600000-100P = 20P

or, 600000 = 120P

or, P = 600000/120

so, P = Rs 5000

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