document.write( "Question 347477: A sum of money at simple interest amounted to P7800 in 5 years and to P8840 in 9 years. Find the principal and the rate. \n" ); document.write( "
Algebra.Com's Answer #248425 by mananth(16946)![]() ![]() You can put this solution on YOUR website! let invested amount be x \n" ); document.write( "interest = 7800-x for 5 years \n" ); document.write( "for 1 year = 7800-x /5 \n" ); document.write( "... \n" ); document.write( "for 9 years interest = 8840-x \n" ); document.write( "for 1 year = 8840-x/9 \n" ); document.write( "..... \n" ); document.write( "8840-x/9 = 7800-x / 5 \n" ); document.write( "5(8840-x)=9(7800-x) \n" ); document.write( "44200-5x=69600-9x \n" ); document.write( "9x-5x=69600-44200 \n" ); document.write( "4x=15400 \n" ); document.write( "x=3850 investment\r \n" ); document.write( "\n" ); document.write( "Interest for 1 year = 7800-3850 /5 \n" ); document.write( "=3950/5 \n" ); document.write( "=790 \r \n" ); document.write( "\n" ); document.write( "3850 790 \n" ); document.write( "100 ? \n" ); document.write( "79000/3850 \n" ); document.write( "20.5% =rate \n" ); document.write( " |