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In abank ‘800 amounts to ‘1,040 inthree years at simple interest. Ifthe interest

rate is increasedby 2%per annum, then

By Cora

In abank ‘800 amounts to ‘1,040 inthree years at simple interest. Ifthe interest

rate is increasedby 2%per annum, then amount wil be​

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Cora

the length, breadth and height of a room are 5 metre 4 metre and 3 metre respectively. find the surface area​

Identify the properties in the following:-
(a) (-2)5 =5+(-2)
(b)(.-6+3)+2=-6(-3+2)​

1 thought on “In abank ‘800 amounts to ‘1,040 inthree years at simple interest. Ifthe interest<br /><br />rate is increasedby 2%per annum, then”

  1. Step-by-step explanation:

    Correct option is

    D

    Rs. 1, 040

    Given: Principal=Rs.800,Amount=Rs.920,T=3years

    Simple interest =920−800=120

    ∴ Rate % =

    800×3

    120×100

    =5%

    If rate % is increased by 5%, i.e., if rate % = 10%, then

    SI=

    100

    800×3×10

    =240

    ∴Amount=Rs.800+Rs.240=Rs.1,040

    Reply

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