The si on asum of money will be rs600 after 10 yeard.If the principal is trebled after 5 years what will be the total interest
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Step-by-step explanation:
explained above with formula applied
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Answer:
SI is calculated as (Principal) *(100 + interest rate)/100 * (Time)
600 = principle * (100 + interest rate )/100 * 10
6000 = principle * (100 + interest rate)
now, we take the interest rate as 'x'
taking principle amount as 'p'
6000 = p*(100 + x)
as the principle amount is trebled after 5 years, we take the first 5 years to have principle amount as 'p' while the next 5 years, the principle is '3p'.
SI¹ = p* (100 + x)/100 * 5
SI¹ = p* (100 + x)/20
SI² = 3p* (100 + x)/100 * 5
SI² = 3p* (100 + x)/20
total interest = SI¹ + SI²
= p*(100 + x)/20 + 3p*(100 + x)/20
= (p + 3p) (100 + x)/20
= 4p * (100 + x)/20
= p* (100 + x)/5
= 6000/5
= 1200
final answer- total interest = 1209
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