If rs.650 amounts to rs.790 in 4 years, then what sum of money will it amount to in 7 years at the same rate of interest.
Answers
If rs. 650 amounts to rs.790 in 4 years, then what sum of money will it amount to in 7 years at the same rate of interest.
➪SI = FA - PA = 790 - 650 = rs.140
⇒T = 4 years
⇒
⇒140
Answer:
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Question
If rs. 650 amounts to rs.790 in 4 years, then what sum of money will it amount to in 7 years at the same rate of interest.
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Answer
➪SI = FA - PA = 790 - 650 = rs.140
⇒T = 4 years
⇒SI = \frac{PRT}{100}SI=
100
PRT
⇒140 =\frac{ \cancel{65} \cancel0 \times \: R \times \cancel4 }{ \cancel{10} \cancel0} ==
10
0
65
0
×R×
4
=
\begin{gathered} \frac{ \cancel{65} \cancel0 \times \: R \times \cancel4 }{ \cancel{10} \cancel0} \\ = R = \frac{ \cancel{140}}{13 \times \: \cancel{ 2}} \\ = \frac{70}{13}\% \\ = FA = \frac{650 + 650 \times \frac{70}{13} \times 7 }{100} \\ = 650 + 245 = 895\end{gathered}
10
0
65
0
×R×
4
=R=
13×
2
140
=
13
70
%
=FA=
100
650+650×
13
70
×7
=650+245=895