Math, asked by hk304916, 7 months ago

If the amount of Rs. 360 in 3 years is Rs. 511.20, what will be the amount of Rs. 700 in

5 years.

(a) 1190 (b) 1230 (c) 1112 (d) 1234​

Answers

Answered by Anonymous
3

Answer:

ANSWER

Simple Interest is (360-300)=Rs60

by using the formula of simple interest we can find the rate percant

SimpleInterest=

100

P×T×R

60=

100

300×4×R

60=12R

R=5%

If the rate of interest is increased by 1% rate will be 6%

Amount will be=Principal+ Simple interest

Simple interest will be==

100

300×4×6

=72

Amount will be=(300+72)=Rs372

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