Question

a deposite of rs 7000 in a bank amount to rs 7350 at the end of the year what will be the amount if rs 3200 ia deposited for the same time period at the same rate of interest?

Answer 1

Answer:

3200 =  3666 Rs

Step-by-step explanation:

7000 = 7350  = 1 YEAR

IF IT IS 3500 = 3675 1 YEAR OR 12 MONTHS

then for 3200 =  3666 Rs

Answer 2

Rs.3047.61 will be the amount if rs 3200 is deposited for the same time period at the same rate of interest

Step-by-step explanation:

Case 1:

Principal = Rs.7000

Amount = Rs.7350

Time = 1 year

$Amount = P(1+r)^t\\7350=7000(1+r)^1\\\frac{7350}{7000}=1+r\\\frac{7350}{7000}-1=r$

0.05 = r

Case 2:

Let the sum be x

rate of interest = r = 0.02

Amount = 3200

$Amount = P(1+r)^t\\3200=x(1+0.05)^1\\\frac{3200}{1.05}=x$

3047.61=x

Hence Rs.3047.61 will be the amount if rs 3200 ia deposited for the same time period at the same rate of interest

#Learn more:

A sum of Rs 7000 amounts to Rs 8260 in 3 years at a certain rate of interest. In what time will Rs 5000 amount to Rs 6000 at the same rate of interest?

https://brainly.in/question/1827724