Question

Simple Interest
s. It Rs 500 ammounts to Rs 620 in
3 years, what will Rs 800 ammount
in 5 years at the same rate percent. per annum
​

Answer 1

Answer:

1120

Step-by-step explanation:

p=500

a=620

so S.I=620-500=120

time = 3 years

S.I=PTR/100

120=500×3×R/100

120=15R

R%120/15=8

So rate=8% p.a

now p=800

t=5years

r=8%

S.I=PTR/100

=800×5×8/100

=320

A=P+S.I

=800+320

=1120

hence the answer.