CA Foundation doubt
The sum of money amount to 6200 in 2 years and ₹7400 in 3 years . The principal and rate of interest are
Asked by Aarya3 Jan 2024719 views
7 answers
Mahek · 3 Jan 2024
3800 and 31.58%
Chhavi · 3 Jan 2024
7400-6200 = 1200 for the 1 year (3yrs-2yrs) so for the 2 year interest which is 2400 so the principal will be 6200-2400 = 3800
Adiba · 3 Jan 2024
Kaise aaya 3800
Dipak · 3 Jan 2024
3800 , 31.58%
Dev · 3 Jan 2024
3800 ans
Piyu · 3 Jan 2024
3800,31.58%
Dev · 3 Jan 2024
Do this from simple interest formula
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