In4 years, R6500 amounts to 8840 at a certain rate of interest. In what timess amounts to 1816 at the same rate? e wil Lets earn Interest
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In 4 years, Rs. 6500 amounts to Rs. 8840 at a certain rate of interest. In what time will Rs. 1600 amount to Rs. 1816 at the same rate?
Medium
Solution
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Given that,
Time=4 years
principleRs.6500
Amount=Rs.8840
Interest=8840−6500=Rs.2340
We know that,
S.I=
100
p×r×t
2300=
100
6500×r×4
r=
6500×4
2300×100
=9
then,
P=16000
A=1816
S.I=216
S.I=
100
p×r×t
216=
100
1600×9×t
t=
1600×9
216×100
=
2
3
Then,
We get t=2
2
1
years.
Step-by-step explanation:
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Answer:
Question
Bookmark
In 4 years, Rs. 6500 amounts to Rs. 8840 at a certain rate of interest. In what time will Rs. 1600 amount to Rs. 1816 at the same rate?
Medium
Solution
Given that,
Time=4 years
principleRs.6500
Amount=Rs.8840
Interest=8840−6500=Rs.2340
We know that,
S.I=
100
p×r×t
2300=
100
6500×r×4
r=
6500×4
2300×100
=9
then,
P=16000
A=1816
S.I=216
S.I=
100
p×r×t
216=
100
1600×9×t
t=
1600×9
216×100
=
2
3
Then,
We get t=2
2
1
years.