Math Problem Statement

A Person invested Rs 12800 and annual rate of C.I increases from X% to (x+7.5)% then the interest earned in 2 yrs increase by Rs 2232. The CI on the sum at (x - 5)% for 2 yrs is?

Solution

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Math Problem Analysis

Mathematical Concepts

Compound Interest
Algebra
Quadratic Equations

Formulas

Compound Interest formula: A = P(1 + R/100)^n
Quadratic equation formula: ax^2 + bx + c = 0

Theorems

Compound Interest formula
Expansion of algebraic expressions

Suitable Grade Level

Grades 9-12