Question

In how many years will Rs 6000 amount to Rs 7200 at 8% per annum​

Answer 1

Answer:

Given, P= Rs. 6000, Amount = Rs. 7200, Time =4 years

S.I. =A−P= Rs. 7200− Rs. 6000

S.I = Rs. 1200

∴ Rate =(

6000×4

1200×100

)%p.a.=5%p.a.

New rate =1.5×5=7.5%p.a.

∴ Required amount = Rs. 6000+ Rs.

100

6000×7.5×5

= Rs. 6000+ Rs. 2250

= Rs. 8250

Answered By

Aman........