Question

If a certain principal amounts to rs 55,000 at 15% per annum over 4 years, how much will it amount to in 6 years?​

Answer 1

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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Answer 2

Answer:

Step-by-step explanation:

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