if ₹ 450 amount to ₹504 in 3 years how much will ₹615 amount to in 2 whole 1/2 years at the same rate of interest? please solved q.4
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Rs 660
Step-by-step explanation:
504-450= 54
In 3 years total rate of interest is 54
Therefore rate of interest per year is 54/3 = 18
Interests ln 2 and 1/2 years is 18x2+9 = 36+9 = 45
therefore Rs 615 will be 615 + 45 = 660 Rs after 2 whole 1/2 years
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