Question

29) If 100 amounts to 132 at s.i. in 4
years, find rate of interest. Also find how
much 3400 will appreciate in 6 years if
kept at same interest.
6%, *698
O 8%, 2592
09% 2592
O 10%, *692
Clear selection​

Answer 1

Let the present worth be Rs.x

Then,S.I.= Rs.(132 - x)

=› (x*5*2/100) = 132 - x

=› 10x = 13200 - 100x

=› 110x = 13200

x= 10%,*692