Question

c) At a certain rate of simple interest 5000 amounts 6200 in 2 years. At the
same rate of interest, how much would 50000 amounts in 3 years.​

Answer 1

Answer:

1500

Step-by-step explanation:

Interest=Rs.1200

I=PTR/100.So,

1200=5000*3*R/100

R=8%

R1=10%, I1=5000*3*10/100 = 1500

A1=Rs.6500