A sum of money invested at 5%
per annum amounts to $896 in 2 2/5 years. What will it amount to in 3 years a month at the same rate of interest ?
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Answered by
13
Answer:
Let the principal be x
So atq
X + x*5*12/100*5 = 896₹
X + 12x/100 =896
112x/100=896
X = 896*100/112
X= ₹800
So the principal is ₹800
Now amount in 3 year 9month or 9/4 year at the same rate = ₹800+ 800*5*9/100*4
=₹800+90
=₹890
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Answered by
10
Answer:
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