Accountancy, asked by ahmarthepsycho9836, 11 months ago

The simple interest on a sum of money will be rs 225 after 3 years

Answers

Answered by PiyushSinghRajput1
3

Let the principal = P

A/C to question,

the simple interest on assume of money will be 225 after 3 years

so, in 1 year simple interest will be 225/3 = 75rs.

now, again question said " in the next 5 years principal becomes 3 times "

e.g., S.I of 5 years + P = 3P

S.I of 5 years = 2P

S.I of 1 year × 5 = 2P

75 × 5 = 2P

2P = 375 => P = 375/2 rs.

now, total interest at the end of the 8 years = S.I of 1 years × 8 + P

= 75 × 8 + 375/2

= 600 + 187.5

=787.5 rs.

Answered by DynamicPlayer
6

Explanation:

simple interest on a sum of money will be rupees 225 after 3 years

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