If rupees 640 amount to rupees 768 in 2 years 6 month what will a 850 amount in 3 years at the same rate percent per annum?
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Answer:
given P1= principle=RS640
and amount = A1 = RS768
therefore, simple interest = SI 1 = amount - principal
= A1 - P1 = RS 768 - RS 640
= RS128
Time= T1 = 2 yrs. and 6 months = 2.5 yrs.
S.I= P×R×T/100
therefore, Rate = R1= SI 1×100/P1×T1
= RS128×100/RS640×2.5
=RS 12800/RS 1600
= 8%
principle given again = P2 = RS 850
rate% we (R2)= 8%
time given = T2 = 3 yrs.
SI2 = P2 × R2 × T2 /100
= 850×8×3/100
= RS204
A = P2 + SI2
= 204+850
= RS 1054
i hope it will help you Thanks
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