Question

Rs. 5000 amounts to Rs. 5700 in 1 year at simple interst. What will be Rs.8000 in 3 years​

Answer 1

Answer:

10960

Step-by-step explanation:

SI for 1 year = 5000×R×1/100 = 700

R = 700 × 100/5000

R = 700/50

R = 14

SI for 3 years at rupees 8000

8000×14×3/100

80×14×3 = 80×42

SI = 3360

Amount = 8000+3360 = 11360