Question

in
A sum of 1000 Amounts to R$ 1210 in
3years what will it amount
. .
to if the rate of interest
increased by 0.5%​

Answer 1

Answer:

₹1225

Step-by-step explanation:

I=A-P

=1210-1000

=210

I=P*R*T/100

R=I*100/P*T

= 210*100/1000*3

= 7%

RATE INC BY 0.5%

NEW RATE= 7+0.5=7.5

I=1000*7.5*3/100

= 225

A=P+I

= 1000+225

=1225 ANS