2400 amounts to rupees 2976 in 3 years at a certain rate of simple interest what sum of money will amount to rupees 5016 in 4 years at same rate of simple interest
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Answer:
3800
Step-by-step explanation:
first case:-
p=2400
a=2976
r=r
t=3yrs
a=p+s.i
s.i=2976-2400
=576
r=(s.i×100)/(p×t)
=(576×100)/(2400×3)%
=8%
second case:-
a=5016
t=4 yrs
rate of first case=rate of second case(given)
r=8%
let p be x
a=p+s.i
s.i=(p×t×r)/100
(5016-x)=(x×4×8)/100
5016-x=32x/100
(5016-x)100=32x
501600-100x=32x
501600=32x+100x
501600=132x
x=501600/132
x=3800
the sum=x=>3800.
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