find the time in which a sum of rupees 800 will amount to rupees 920 at 6% per annum
Answers
Answered by
7
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:
hope my answer is correct
ekta8817:
t=1 year not 3 years
Similar questions