(d) Rs. 720
0
If Rs. 64 amount to Rs. 83.20 in 2 years, what will Rs. 86 aurouat to
in 4 years at the same rate per cent per annum ?
Answers
Answer:
C) Rs.137.60
Description for Correct answer:
let the rate of interest = R%
According to question
Intrest in 2 yrs = 83.20−64=19.2083.20−64=19.20
R(in per)=SI×100P×TSI×100P×T
R(in per)=19.20×10064×219.20×10064×2
R(in per)=302302=15%
Therefore, Amount of Rs.86 will be in four years by 15(in per) rate of interest
SI=86×15×410086×15×4100= Rs.51.6
Amount=Principal+S.IPrincipal+S.I
=86+51.686+51.6=Rs. 137.60
Correct question!!
If Rs 64 amount to Rs 83.20 in 2 years, what will Rs 86 amount to in 4 years at the same rate per cent per annum?
Solution!!
• Principal (P) = Rs 64
• Amount = Rs 83.20
• Time (T) = 2 years
• Rate of interest (R) = ?
• Amount = Principal + Interest
→ Rs 83.20 = Rs 64 + Interest
→ Interest = Rs 83.20 - Rs 64
• Interest = Rs 19.2
• Interest = (P × R × T)/100
→ 19.2 = (64 × R × 2)/100
→ 1920 = 64 × 2 × R
→ 1920 = 128 × R
→ R = 1920 ÷ 128
• R = 15%
In the second case,
• Principal (P) = Rs 86
• Rate of interest (R) = 15%
• Time (T) = 4 years
• Interest = (P × R × T)/100
→ Interest = (86 × 15 × 4)/100
→ Interest = 5160/100
• Interest = Rs 51.6
• Amount = Principal + Interest
→ Amount = Rs 86 + Rs 51.6
• Amount = Rs 137.6