A sum of money amounts to rupees 1265 in 3 years and to Rupees 1430 in 6 years at simple interest find the sum and rate percent.
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Answered by
38
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solve For 3 years :
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given, Amount (A ) = Rs 1265
Time (T ) = 3 yr ,
since , we know ,
Amount = P + S.I
then ,
S.I = A - P
S.I = 1265 - P
P × R × 3 / 100 = 1265 - P
PR = 100 ( 1265 - P ) / 3
PR = 126500 - 100P / 3. _______ eq.(1)
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solve for 6 years :
_______________________________
given , amount = Rs 1430 , T = 6 yr
S.I = A - P
S.I = 1430 - P
P × R × T / 100 = 1430 - P
P × R × 6 = 100 ( 1430 - P )
PR = ( 143000 - 100P ) / 6 ______eq.(2)
equalize eq. (1 ) and (2 ) , we get
PR = PR
(126500 - 100P) / 3 =( 143000 - 100P )/ 6
2 (126500 - 100P ) = ( 143000 - 100p )
253000 - 200P = 143000 - 100P
253000 - 143000 = - 100P + 200P
110000 = 100 P
P = Rs 1100 ( required sum )
put value of ' P ' in eq. ( 1 ) , we get
1100 × R = (126500 - 100 × 1100 ) / 3
1100 R = 16500 / 3
R = 16500 / 3 × 1100
R = 16500 / 3300
R = 165 / 33
R = 5 % ( required rate )
therefore,
sum = Rs 1100 , and Rate = 5 %
_______________________________
Your Answer : sum = Rs 1100 , R = 5 %
_______________________________
solve For 3 years :
_______________________________
given, Amount (A ) = Rs 1265
Time (T ) = 3 yr ,
since , we know ,
Amount = P + S.I
then ,
S.I = A - P
S.I = 1265 - P
P × R × 3 / 100 = 1265 - P
PR = 100 ( 1265 - P ) / 3
PR = 126500 - 100P / 3. _______ eq.(1)
_______________________________
solve for 6 years :
_______________________________
given , amount = Rs 1430 , T = 6 yr
S.I = A - P
S.I = 1430 - P
P × R × T / 100 = 1430 - P
P × R × 6 = 100 ( 1430 - P )
PR = ( 143000 - 100P ) / 6 ______eq.(2)
equalize eq. (1 ) and (2 ) , we get
PR = PR
(126500 - 100P) / 3 =( 143000 - 100P )/ 6
2 (126500 - 100P ) = ( 143000 - 100p )
253000 - 200P = 143000 - 100P
253000 - 143000 = - 100P + 200P
110000 = 100 P
P = Rs 1100 ( required sum )
put value of ' P ' in eq. ( 1 ) , we get
1100 × R = (126500 - 100 × 1100 ) / 3
1100 R = 16500 / 3
R = 16500 / 3 × 1100
R = 16500 / 3300
R = 165 / 33
R = 5 % ( required rate )
therefore,
sum = Rs 1100 , and Rate = 5 %
_______________________________
Your Answer : sum = Rs 1100 , R = 5 %
_______________________________
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28
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