If 85rs becomes 95rs in 3years at the same rate percent, what will 102rs amount to in 5years
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the amount is 118.5approx
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P=Rs85 , Amt=Rs95 ,T=3yrs,R=?
SI=Amt-P=10
R=(SI×100)/P×T
R=(10×100)/85×3=3.9%
P=₹102,R=3.9%,T=5yr
SI = P×R×T/100=102×3.9×5/100=19.89
Amt = P+SI =102+19.89=121.89
therefore, Rs102 will amount to Rs121.89
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by @strange
P=Rs85 , Amt=Rs95 ,T=3yrs,R=?
SI=Amt-P=10
R=(SI×100)/P×T
R=(10×100)/85×3=3.9%
P=₹102,R=3.9%,T=5yr
SI = P×R×T/100=102×3.9×5/100=19.89
Amt = P+SI =102+19.89=121.89
therefore, Rs102 will amount to Rs121.89
==========================
by @strange
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