There is 60% increase in an amount in 6 years at simple interest. What will be the C.I of Rs.12,000 after 3 years at the same rate.
OPTIONS
(A.)Rs. 2160
(B.)Rs. 3120
(C.)Rs. 3972
(D.)Rs. 6240
Answer is (C.) How to solve it.
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Let the principal be P = Rs x
Amount, A = P + 60% of Rs x
= x + (60/100)x
= x + (3x/5) = 8x/5
Given P = Rs 12000, R = 10%, n = 3 years
∴ A = Rs 15,972
Compound interest = Rs 15972 – 12000 = Rs 3972
I hope it will help u plzz mark it brainliest
Amount, A = P + 60% of Rs x
= x + (60/100)x
= x + (3x/5) = 8x/5
Given P = Rs 12000, R = 10%, n = 3 years
∴ A = Rs 15,972
Compound interest = Rs 15972 – 12000 = Rs 3972
I hope it will help u plzz mark it brainliest
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