A sum of rs. 600 amounts to rs. 720 in 4 years at simple interest. What will it amount to if the rate of interest is increased by 2% ? Rs. 648 rs. 768 rs. 726 rs. 792
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Answer:
768
Explanation:
600 × 4 × r/100 = 720
r = 720/6×4
r=30
Amount (r+2%) = 600×32×4/100
=768
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