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Time value of money

The sum of money amount to rs6200in 2years and 7400 in 3years .The principal and rate of interest are

Attachments

259d70fb-00db-4f52-ad0e-0514c9489f64.jpg

bhavika vyas

CA Foundation

★ 1K+

18-Nov-20 16:13

Answers (6)

You can form two equations and solve it.

Suraj Lakhotia

Admin

18-Nov-20 16:46

You can form two equations and solve it.

Not getting the correct answer

bhavika vyas

CA Foundation

★ 1K+

18-Nov-20 17:19

Pls share your working.

Suraj Lakhotia

Admin

19-Nov-20 11:45

Not getting the correct answer

Make equations, substitute principle and rate to the final equation... If it matches, its correct

Attachments

IMG_20201207_141820.jpg

Tejas odedara 2315

CA Foundation

★ 20

07-Dec-20 14:20

Not getting the correct answer

Substitution is best..

Keerthi P

CA Inter

★ 90

07-Dec-20 15:16

Make equations, substitute principle and rate to the final equation... If it matches, its correct

Got it btw thankyou ð???

bhavika vyas

CA Foundation

★ 1K+

07-Dec-20 15:18

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