if if rupees 450 amounts to rupees 540 in 4 years at simple interest find the sum that will amount to rupees 630 7.50 is 5:00 in 5 years at the same rate of interest
Answers
The sum that will amount to rupees 6307.50 in 5 years at the same rate of interest is Rs. 5046.
Step-by-step explanation:
Required Formula:
(1) S.I. =
(2) Amount, A = P + S.I.
Case 1:
Principal, P = Rs. 450
Amount, A = Rs. 540
Time period, T = 4 years
Let the rate of interest be “R%”.
By substituting the given values in the above-required formulas, we get
A – P =
⇒ 540 – 450 =
⇒ 90 = 9*2*R
⇒ R = 5 %
Case 2:
Amount, A = Rs. 6307.50
Time period, T = 5 years
Let the sum or principal be denoted as “P”.
Here, in this case, the rate of interest is given to be same as the previous case 1 i.e., R = 5 %
Similarly, by substituting the given values in the above formulas, we get
A – P =
⇒ 6307.5 – P =
⇒ 25230 – 4P = P
⇒ 5P = 25230
⇒ P =
⇒ P = Rs. 5046
Thus, the sum of Rs. 5046 will amount to Rs. 6307.5 in 5 years at the rate of 5%.
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Answer:
rs 510 answer
Step-by-step explanation:
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