Question

please solve any one please​

Answer 1

Answer:

It amount to Rs.11305 in 3 years at the same rate

Step-by-step explanation:

Let the principal be x

Amount = Rs 10,370

Simple interest = Amount - Principal

Simple Interest= 10370-x

Rate of interest = 11%

Time = 2 years

Simple interest = \frac{P \times R \times T}{100}100P×R×T

\begin{gathered}10370-x=\frac{x \times 11 \times 2}{100}\\x=8500\end{gathered}10370−x=100x×11×2x=8500

Now we are supposed to find what will it amount to in 3 years at the same rate

Principal = Rs.8500

Time = 3 years

Rate of interest = 11%

\begin{gathered}Si = \frac{P \times R \times T}{100}\\Si = \frac{8500 \times 11 \times 3}{100}\\Si=2805\end{gathered}Si=100P×R×TSi=1008500×11×3Si=2805

Amount = Principal +Interest

Amount =8500 +2805

Amount =11305

Hence  it amount to Rs.11305 in 3 years at the same rate

#Learn more :

A sum of money put 11 %per annum simple interest amount to 10370 in 2 years what it will amount in 3 years at the dame rate

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