A sum of 400 amount to 480 in 4 years what will it amount to if the rate of interest is increses by 2%
Answers
Answered by
1
Answer:
it will be PRT/ 100 IT WILL HELP YOU FOLLOW
Answered by
4
Answer: ₹ 512.
Step-by-step explanation:
S.I =P+A
=480-400
T =4 years.
P =400
S.I =PxRxT/100
=> 80/60 = 5%
R = 5+2
= 7%
=> S.I = 400x7x4/100
= 112
A = P+I
= 400+112
= ₹ 512
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