Question

if 2608₹ becomes 2938₹ in 4 years at a certain rate if rate becomes 11/5% more then the principal will be​

Answer 1

Answer:Answer

Given, P= Rs. 6000, Amount = Rs. 7200, Time =4 years

S.I. =A−P= Rs. 7200− Rs. 6000

S.I = Rs. 1200

∴ Rate =(  

6000×4

1200×100

​  

 

​  

)%p.a.=5%p.a.

New rate =1.5×5=7.5%p.a.

∴ Required amount = Rs. 6000+ Rs.  

100

6000×7.5×5

​  

 

                                 = Rs. 6000+ Rs. 2250

                                 = Rs. 8250

Step-by-step explanation:

make the answer on this basis