₹5000 amounts to ₹6000 in 5 years. what will ₹8000 amount to at the same rate of interest in 6yrs.?
Answers
Answered by
29
Interest = PxRxT/100
1000 = 5000xRx5/100
1000/250= R
R = 4%
When P = 8000
Interest = 8000x4x6/100
Interest = 80x24 = 1920
Amount = 8000+1920=9920
1000 = 5000xRx5/100
1000/250= R
R = 4%
When P = 8000
Interest = 8000x4x6/100
Interest = 80x24 = 1920
Amount = 8000+1920=9920
Answered by
3
Answer:
9920
Step-by-step explanation:
Interest = PxRxT/100
1000 = 5000xRx5/100
1000/250= R
R = 4%
When P = 8000
Interest = 8000x4x6/100
Interest = 80x24 = 1920
Amount = 8000+1920=9920
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