Question

At what rate percent Rs. 1500 amount to Rs, 3400 in 4 yearss​

Answer 1

Answer:

56.66 Rs.

Step-by-step explanation:

Simple Interest = P × R × T/100 = 3,400

                         = 1,500 × R × 4 /100 = 3,400

                         = 1,500 × R × 4         = 3,400 × 100

                         = 1,500 × R × 4         = 340,000

                         = 1,500 × R               = 340,000/4

                         = 1,500 × R               = 85,000

                         = R                            = 85,000/1,500

                         = R                            = 56.66 Rs.

PLEASE MARK MY ANSWER AS THE BRAINLIEST.

Answer 2

Answer:

As given

P = ₹1500

A = ₹3400

T = 4 years

R = ??

At first we find rate by the formula of Simple interest.....

SI = A - P = 3400-1500 = ₹1900

Then

As we know

SI = PRT/100

1900 = 1500×R×4/100

1900 =60R

R = 1900/60

R=95/3%

Then we solve it by the formula of Compound Interest....

CI = P[(1+r/100)-1]

But it can't be solved by this formula...

Please make my answer brainliest...