-
If ₹ 5600 amounts to ₹ 6678 in 3 1 Years. what will ₹ 9600 amount 2 to in 5 1 Years. at the same rate of interest ? 4
-
- ₹ 12732
- ₹ 12372
- ₹ 12722
- ₹ 12237
- ₹ 12732
Correct Option: B
Simple Interest = Amount - Principal = ₹ (6678 – 5600) = ₹ 1078
We know that ,
Rate = | |
Principal × Time |
Rate = | |
5600 × 7 |
Rate = 5 | % per annum | |
2 |
∴ S.I. on 9600 for 5 | years | |
4 |
SI = ₹ | ![]() | × | × | ![]() | = ₹ 2772 | |||
100 | 4 | 2 |
∴ Amount = ₹ (9600 + 2772) = ₹ 12372