Mr. Phanse invests an amount of Rs 24200 at
the rate of 4% per annum for 6 yr to obtain a
simple interest. Later he invests the principal
amount as well as the amount obtained as
simple interest for another 4 yr at the same
rate of interest. What amount of simple
interest will he obtain at the end of the last
4 yr ?
Answers
Answered by
9
Answer:
Hey mate here is your answer.//
Step-by-step explanation:
In the case I,
SI=P×R×T100=24200×4×6/100 ,
=RS.5808 .
Amount = Principal + SI ,
SI = 24200 + 5808 = 30008 ,
In the case II,
SI=30008×4×4/100 = RS.4801.28.
So,the answer obtained is RS.4801.28.
Hope it helps you,//✔✔✔
Please do mark me as Brainliest.//
Answered by
0
Answer:
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Step-by-step explanation:
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