English, asked by sureshgoud1319, 1 month ago

A sum of rs.600 amounts to rs.720 in the years. what
will at amount to if the rate
of intrest is increased by 2 %​

Answers

Answered by rituskmg
1

Answer:

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Explanation:

Interest = Amount - Principal

=720-600=120rs.

Simple Interest = P*R*T/100

120=600*4*R/100=24R

R=5%p.a.

New Interest= 600*7*4/100=168

Amount=Interest + Principal=600+168

=Rs.768

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