Question

Rs 6000 becomes rs 7200 in 4 years at a certain rate of si is the rate becomes 1.5times of itslef, the amount of the same principle in 5 years be?

Answer 1

7200=6000+si;

7200=6000+((6000*4*r)/100);

1200=240r;

r=5%

amount=6000+((6000*1.5*5*5)/100);

=6000+1500*1.5;

=6000+2250;

=Rs. 8250