If a certain principal amounts to 55,000 at 15% per annum over 4 years , how much will it amount in 6 years ??
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Answered by
98
Let the principle be P
T=4 years
R=15%
A=55000
SI=p×15×4/100
SI= 3p/5
Therefore : p+3p/5=55000
8p/5=55000
P= 55000×5/8
P=34375
New Time =6years
Therefore :
SI=34375×6×15/100
SI=58207.5
A=(34375+58204.5)=92579.2 Ans
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T=4 years
R=15%
A=55000
SI=p×15×4/100
SI= 3p/5
Therefore : p+3p/5=55000
8p/5=55000
P= 55000×5/8
P=34375
New Time =6years
Therefore :
SI=34375×6×15/100
SI=58207.5
A=(34375+58204.5)=92579.2 Ans
If you like my answer please vote me branistes.
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