Question

find the time in which 800 amounts to 1000 at 8% pa si
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Answer 1

Answer:

Given: Principal=Rs.800,Amount=Rs.920,T=3years

Simple interest =920−800=120

∴ Rate % =

800×3

120×100

=5%

If rate % is increased by 5%, i.e., if rate % = 10%, then

SI=

100

800×3×10

=240

∴Amount=Rs.800+Rs.240=Rs.1,040

Step-by-step explanation:

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