Question

The interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a. ?
A) Rs. 22.5
B) Rs. 2.5
C) Rs. 202
D) Rs. 25

Answer 1

Q:

The interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a.  ?

A) Rs. 22.5B) Rs. 2.5C) Rs. 202D) Rs. 25

Answer:   A) Rs. 22.5 

Explanation:

We know that I = PTR/100
=> P = 20250/4.5 = 4500
Now, new Interest at 5% = 4500x1x5/100 = 225
Now the additional amount = 225 - 202.5 = Rs. 22.5

Answer 2

Heyy mate ❤✌✌❤

We know that I = PTR/100

=> P = 20250/4.5 = 4500

Now,

new Interest at 5% = 4500x1x5/100

= 225
Now the additional amount = 225 - 202.5

= Rs. 22.5