Question

The simple interest on a certain sum of money is rs.84 in 2 years at 5% per annum.What interest will the same sum yield in 3 years at 8% p.a.?​

Answer 1

Answer:

Step-by-step explanation:

let the sum of money be p

rate=5%

time=2years

s.i = 84rupees

then.(p*5*2)/100=84

=> p=840

now sum of money =840

rate=8%

time=3years

si=(840*8*3)/100=201.6 rupees