A certain sum (in ₹)is invested at simple interest at x% p.a. for 5 years. Had it been invested at (x + 5)% p.a., the simple interest would have been ₹9,200 more than the earlier one. Whatis the sum?
We know that simple interest (SII)= $$\dfrac{PRT}{100}$$
where P = principle , R= rate , t = time
According to question Simple intrest (SI) = $$ \dfrac{Px5}{100} $$ (let Rate = $$x$$)......... equestion (1)
2nd condition $$ Simple intrest (SI) + 9200= \dfrac {P (x+5) 5}{100} $$ ......... equestion (2)
then equestion (2) - equestion (1)
$$ \Rightarrow 9200 = \dfrac {P \times 5 \times 5} {100}$$
P = $$9200 \times 4 $$
$$ P= Rs 36800 $$Ans
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