Question

A sum of Rs 600 amounts to Rs 735 in 5 years at a certain rate of interest if the rate of interest is increased by 2% .what will be the amount ​.

Answer 1

Answer:

795

Step-by-step explanation:

Si=735-600

=135

P×R×T=S.I

600×R×5/100=135

30R=135

R=135/30

=4.5%

ATQ,

if rate is increased by 2%

S.I=600×6.5×5/100

=195

Amount=600+195

=795