Question

sum, then find the rate of interest per annum.
4500 at 20% per annum for 5 years
(11) final amount is 2420 at 49% per annum for 2 years.
If the simple interest on a certain sum of money for 3 years is three-tenth of the
A sum of 6000 amounts to 6900 in 3 years. What will it amount to if the rate
1
interest?
of interest is increased by 2%?​

Answer 1

S.I. (In Rs.)=(P)(2 1/2)20/100=0.5P

1.5P=4,500

P=3000

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Answer 2

Step-by-step explanation:

SI=(P)(2*1/2)(20)

___________=0.5P

100

1.5P=4500

P=3000