A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and Rs. 1,020 after a further period of 5 years. Find the principal.
Question
Solution 1
Sure, let's solve this step by step.
We know that the sum amounts to Rs. 720 after 2 years. This means that the principal plus 2 years of interest equals Rs. 720.
We also know that the sum amounts to Rs. 1,020 after a further period of 5 years. This means that the principal plus 7 years of i Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob
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