if rs. 900 amounts to rs 1080 in 4 yrs at simple interest what sum will amount to rs 1275 in 5 yrs at the same rate?
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Hope this helps you out!!!!
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karunyakirubakar:
Tq so much
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Answer:
Principal value is Rs.1020.
Step-by-step explanation:
Given : If Rs.900 amounts to Rs.1080 in 4 yrs at simple interest.
To find : What sum will amount to rs 1275 in 5 yrs at the same rate?
Solution :
Principle =Rs.900
Amount = Rs.1080
Interest = Amount - Principal
Interest = 1080-900
Interest = Rs.180
Now, Time =4 years and SI=Rs.180
Now, Rate = 5%
Amount = Rs.1275
Time = 5 years
Interest= Amount - principal
Interest= 1275 - p
Therefore, Principal value is Rs.1020.
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