If a loan of rupees 86000 amount to rupees 9800 in 2 years how much will it amount in 3 years at the same rate of simple interest..wrong answer will be reported!!!
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Answered by
67
if we pay for 3 years it comes. 12900(2years)+6450(1year)=19350 rps. total amount =86000+19350=105350 rps.
Answered by
12
Answer:
We can get SI of 3 years = 12005 - 9800 = 2205
SI for 5 years = (2205/3)*5 = 3675 [so that we can get principal amount after deducting SI]
Principal = 12005 - 3675 = 6125
So Rate = (100*3675)/(6125*5) = 12%
Step-by-step explanation:
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