When the rate of interest in the bank is increased from 5% to 6% per annum,Gerald deposits Tsh 12,000 more into his account.If annum interest now received by him is Tsh 1100 more than that before,find his original deposit.**please anyone to help me with the solution***

Answer 1

If the initial deposit was x, then compare the interest:

.06(x+12000) = .05x + 1100
x = 38000

Answer 2

how about the time because from interest,I = prt