if rs 360 amounts to rs 532.80 in 3 years. what will rs 720 amount in5 1/2 years at the same rate percent per annum
Answers
Answered by
5
Answer:
The amount after 5.5 years at the rate of interest 13.9 is Rs 1473.03
Step-by-step explanation:
Given as :
Principal amount = = Rs 360
Amount after 3 years = = Rs 532.80
The time period = t = 3 years
Let The rate of interest = r %
From compound interest
Amount = Principal ×
Or, = ×
Or, 532.80 = 360 ×
Or, =
Or, 1.48 =
Or, 1 + = 1.139
Or, = 1.139 - 1
Or, r = 13.9
Again
Principal amount = = Rs 720
Amount after 5 years = Rs
The time period = T = 5 years = years = 5.5 years
The rate of interest is same = r%
Or, r = 13.9
Amount = Principal ×
Or, = 720 ×
Or, = 720 × 2.045
∴ = Rs 1473.03
So, The amount after 5.5 years at the rate of interest 13.9 = = Rs 1473.03
Hence, The amount after 5.5 years at the rate of interest 13.9 is Rs 1473.03 Answer
Answered by
1
Answer:
1353.60 is the answer my class is seventh
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