The simple interest on a certain amount of money at a certain rate of interest for 4 years is rs.160.Find the simple interest on double the amount of money at the same rate for 2 years.
Answers
Answered by
50
Hi.
Here is your answer---
_____________________
Given---
In First Case,
Simple Interest(S.I.) = Rs. 160
Time(T) = 4 years.
Let the Principle be Rs. P and rate of interest be R%
Using the Formula,
S.I. = (P × R × T) ÷ 100
160 = (P × R × 4) ÷ 100
P × R = 16000/4
P × R = 4000 ------------------------------eq(i)
In Second Case---
Principal(P')= 2 × P
Rate of Interest = R%
Time(T) = 2 years.
Using the Formula,
S.I. = (P' × R × T) ÷ 100
S.I. = 2 × P × R × 2) ÷ 100
Putting the value of eq(i) into this,
S.I. = (2 × 4000 × 2) ÷ 100
= Rs. 160
Thus, the Simple Interest will be Rs. 160.
______________________
Hope it helps.
Have a nice day.
Here is your answer---
_____________________
Given---
In First Case,
Simple Interest(S.I.) = Rs. 160
Time(T) = 4 years.
Let the Principle be Rs. P and rate of interest be R%
Using the Formula,
S.I. = (P × R × T) ÷ 100
160 = (P × R × 4) ÷ 100
P × R = 16000/4
P × R = 4000 ------------------------------eq(i)
In Second Case---
Principal(P')= 2 × P
Rate of Interest = R%
Time(T) = 2 years.
Using the Formula,
S.I. = (P' × R × T) ÷ 100
S.I. = 2 × P × R × 2) ÷ 100
Putting the value of eq(i) into this,
S.I. = (2 × 4000 × 2) ÷ 100
= Rs. 160
Thus, the Simple Interest will be Rs. 160.
______________________
Hope it helps.
Have a nice day.
Answered by
5
Answer:
160
Step-by-step explanation:
is answer.
this is your answer
I Hope It's helpful
Similar questions