Sonika deposited Rs 8000 at simple interest which amounted to Rs 9200 after 3 years . had the interest been 2% more , how much amount she would have got ?
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Answered by
6
Answer:
9680
Step-by-step explanation:
1st Case:
SI = 9200 - 8000 = 1200
t = 3
p = 8000
r = (SI * 100)/pt
or, r = (1200 * 100)/(8000 * 3)
or, r = 5
If r be 2% more i.e (5 + 2)= 7%
Then,
SI = (8000 * 7 * 3)/100
= 1680
She would get = 8000 + 1680 = 9680
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