rs. 1200 amounts to rs. 1632 in 4 years at a certain rate of simple interest. if the rate if interest is decreased by 1%, it would amount to how much?
Answers
Answered by
3
Answer:
1584
Step-by-step explanation:
si=a-p
si=1632-1200=432
si=p×r×t/100
r=si×100/p×t
r=432×100/1200×4
r=9%
si`=p×r×t/100
si`=1200×8×4/100
si`=384
amount=si`+p
=384+1200=1584
Similar questions