if rupees 12500 amount to rupees 1550 in 3 years at simple interest what will rupees 3200 amount to in 4 years at the same rate
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Answer:
Simple interest would be Rs. 1024.
Step-by-step explanation:
Since we have given that
Principal = Rs. 1250
Amount = Rs. 1550
Time = 3 years
simple interest = 1550- 1250 = Rs. 300
So, it becomes,
\begin{gathered}S.I.=\dfrac{P\times R\times T}{100}\\\\300=\dfrac{1250\times 3\times R}{100}\\\\30000=1250\times 3R\\\\\dfrac{30000}{3750}=R\\\\R=8\%\end{gathered}
S.I.=
100
P×R×T
300=
100
1250×3×R
30000=1250×3R
3750
30000
=R
R=8%
So, if principal = Rs. 3200
time = 4 years
So, Simple interest would be
\begin{gathered}\dfrac{3200\times 8\times 4}{100}\\\\=32\times 32\\\\=Rs.\ 1024\end{gathered}
100
3200×8×4
=32×32
=Rs. 1024
Hope it helps you
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