Example 7: Ir Rs 8400 amount to Rs. 11088 in 4 years, what will Rs
10500 amount to in 5 years at the same rate of interest?
Answers
Answered by
1
Answer:
23,940 i think if correct pls mark me branliest
Answered by
0
Answer
= 3024
Step-by-step explanation:
We have Principal P=Rs 8400
Amount A=Rs 11046
Interest I =A-P
11046 - 8400 = 2646
Rate R is 8.75%
I =P ×R ×T (T is time)
2646 =8400 × 8.75/100 × T
So T =2646 / (84×8.75)
Now next P = 9600
Putting values
I = 9600 × 8.75/100 × 2646 /(84×8.75)
96 × 2646/84
= 3024
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