a sum of money invested at 9 percent p.a. amounts to rupees 1160 in 5 years. How much would it amount to in 7 years at 23/2 percent p.a.
Answers
Answered by
3
Step-by-step explanation:
PRINCIPLE AMOUNT = 1150 rs
TIME = 5 yrs
RATE OF INTEREST = 23/2 %
SIMPLE INTEREST = P×R×T/100
=) 1150 ×5 × 23 rs
100 ×2
=) 661.25
AMOUNT = (PRINCIPLE + SIMPLE INTEREST )
=) (1150 + 661.25) rs
=) 1,811.25 rs
SO, AMOUNT = 1811.25rs ,SIMPLE INTEREST = 661.25 rs.
Answered by
0
Answer:
Polsggx to you ishu to
Step-by-step explanation:
Similar questions