Question

at a certain rate of simple interest rs 4050 amounts to rs 4576.50 in 2 years. At the same rate of simple interest, how much would rs 1 lakh amount to in 3 years

Answer 1

Hi,
Here is the answer to your query:-
Formula used: SI=P×R×T/100
✅P×R×T/100=526.50
✅4050×R×2/100=526.50
✅81×R=526.50
✅R=526.50/81
✅R=6.50%
✔Now,
✅P=1,00,000 R=6.50% T=3years
✅SI=P×R×T/100
✅SI=1,00,000×6.50×3/100
✅SI=19,500

✔Thanks
⭐SHIVAM⭐

Answer 2

Answer:

Heya mate! ! !

Here's your answer

Given,

1st case

P= Rs. 4050

A=Rs. 4576.50

T=2 years

SI = Rs.( 4576.50-4050)

=Rs.526.50

R =SI*100/P*T

Answer is Rs. 6.5%

2nd case

P=Rs.1000000 , R= 6.5,T=3 years

SI =P*R*T/100

Answer is Rs. 19500

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