Question

a sum of money amount to RS 920 in 3 years at 5 % how much will it amount to in 6 years at 4​

Answer 1

Answer:

Principal=Rs.800,Amount=Rs.920,T=3years

Simple interest =920−800=120

∴ Rate % =

800×3

120×100

=5%

If rate % is increased by 5%, i.e., if rate % = 10%, then

SI=

100

800×3×10

=240

∴Amount=Rs.800+Rs.240=Rs.1,040

Answer verified by Toppr