हिंदी

The Compound Interest on a Certain Sum of Money at 10% P.A. for 3 Years is Rs 4,965. What Will Be the Simple Interest on the Same Sum for 3 Years at 11% P.A.?

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प्रश्न

The compound interest on a certain sum of money at 10% p.a. for 3 years is Rs 4,965. What will be the simple interest on the same sum for 3 years at 11% p.a.?

योग
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उत्तर

P =x ; t = 3 years; r = 10 %  A=Rs (x + 4965)

`"A" = "P" (1 + "r"/100)^"n"`

Rs ( x + 4,965) = x`(1 + 10/100)^3`

Rs (x + 4,965)= x × 1.1 × 1.1 × 1.1

Rs (x + 4, 965) = 1.331 x

0.331 x = Rs 4,965 x

= Rs 15,000  

I = `("P" xx "r" xx "t")/100`

I = Rs `(15000 xx 11 xx 3)/100`

I= Rs 4, 950 

Simple interest will be Rs 4,950 

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Use of Formula
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