CUO CUUN*Ata certain rate of interest, the interestafter 4 gears on 50

1.	CUO CUUN*Ata certain rate of interest, the interestafter 4 gears on 5000 rupees principals 1200 rupees. What would be theinterest on 15000 rupees at the samerate of interest for the same period?inP-
Answer» Principal p = Rs 5000 time period t = 4 years interest I = Rs 1200 let, interest rate = r Formula= I= prt putting values in above: 1200 = 5000r4 r = 1200/20000 r = 0.06 or 6% NOW we have to find I=interest as i = prt so interest = 15000.064 interest = Rs 360

CUO CUUN*Ata certain rate of interest, the interestafter 4 gears on 5000 rupees principals 1200 rupees. What would be theinterest on 15000 rupees at the samerate of interest for the same period?inP-

Answer»

Principal p = Rs 5000

time period t = 4 years

interest I = Rs 1200

let,

interest rate = r

Formula= I= p*r*t

putting values in above:

1200 = 5000*r*4

r = 1200/20000

r = 0.06 or 6%

NOW

we have to find I=interest

i = p*r*t

interest = 1500*0.06*4

interest = Rs 360