If the interest of Rs.4050 In 5 years is Rs.1620. What will be the interest on Rs.6000 in 6 years with the same rate?
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Answer:
Rs.2400
Step-by-step explanation:
For find the Simple Interest first we have to find the Rate:
So, Simple interest (S.I.) = Rs.1620
Principle(P)= Rs.4050
Time(T)= 5years
Rate(R)=?
S.I.=P*R*T/100
1620 =4050*5*R/100
1620*100/4050*5 =R
8 =R
Now we are able to find the Simple Interest(S.I.) easily.
According to the question,
Rate(R) is same=8%
Principle(P)= Rs.6000
Time(T)= 6 years
S.I.= P*R*T/100
S.I. = 6000*8*6/100
S.I. = RS. 2400.
I hope it is helpful for you...
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