Question

A man invested a sum at a certain rate of interest on simple interest and he got 60% more amount

after eight year. If he invests Rs. 9600 at the same rate of interest on SI, then find the total interest he

would get after four years​

Answer 1

Answer:

Step-by-step explanation:

Principal = Rs 9600

Interest = 60% of 9600

= (60/100)*9600

= 60*96

= Rs 5760

Time = 8 years

I = PRT/100

R = 100I/PT

R = 100*5760/9600*8=7.5

FOR FOUR YEARS

I = 9600*7.5*4/100

I = Rs 2880

Answer 2

Answer:

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