In 4years Rs6500 amounts to Rs 8840 at a certain rate of interest . in – InterviewSolution

1.	In 4years Rs6500 amounts to Rs 8840 at a certain rate of interest . in what time will Rs 1600amounts to Rs 1816 at the same rate
Answer» -step EXPLANATION:Given that,Time=4 yearsprincipleRs.6500Amount=Rs.8840Interest=8840−6500=Rs.2340We know that,S.I= 100p×r×t 2300= 1006500×r×4 r= 6500×42300×100 =9 then,P=16000A=1816S.I=216S.I= 100p×r×t 216= 1001600×9×t t= 1600×9216×100 = 23 Then,We get t=2 21 YEARS.

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