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Mathematics in Ancient and Medieval India c5.s12.8

Mathematics in Ancient and Medieval India c5.s12.8

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c5.s12.8

*Problem 2.* "The rate of interest being 5 percent per month, the commission of the surety (*bhāvyaka*) 1 percent per month, the fee of the calculator (*vṛtti*) ½ per cent per month, the charges of the scribe ¼ percent per month, a certain sum amounts to 905 in a year. (Find the capital, interest, and the shares of the surety, calculator and the scribe )".²