a sum amounts of 400 rupees amounts to 440 rupees in 2 years if the rate of interest is increased by 2% per annum it will amount to
Answers
Answered by
1
Answer:
448
Step-by-step explanation:
400+5%+2%increase
400+2 annum int. 40 +2 %int. 8= 448
Answered by
11
Step-by-step explanation:
P = rs 400
t= 2 yr
r= ?
A = rs 440
therefore , I = 440-400= 40
Rate of interest is increased by 2% per annum
r = 7%
t= 2 yr
p= rs 400
A = p(1+rt/100)
The p amount to rs 456.
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