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Sum of 400 amounts to 490 in 2 years 3 months what will be the amount if rate is increased by 2 % |
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Answer» -step EXPLANATION:GIVEN: Principal=Rs.800,Amount=Rs.920,T=3yearsSimple interest =920−800=120∴ Rate % = 800×3120×100 =5%If rate % is increased by 5%, i.e., if rate % = 10%, thenSI= 100800×3×10 =240∴Amount=Rs.800+Rs.240=Rs.1,040 |
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