if a deposit of 1000 on son interest of 250 in 3 years how much interest deposit of 3600 on in 3 years with the same rate of interest
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Answer:
Interest=900₹
Step-by-step
Explanation
Given,
Principal=1000₹
Interest=250₹
Time=3 years
Rate= Interest×100/Principal×Time
=250×100/1000×3
=25/3%
Interest= P×R×T/100
=3600×25×3/100×3
=36×25
=900₹
so new Intererst will be 900₹
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