Tk.6000 becomes Tk.7200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of same principal in 5 years will b

Tk.6000 becomes Tk.7200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of same principal in 5 years will be-

Tk.6000 becomes Tk.7200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of same principal in 5 years will be- ?

Created: 2 days ago | Updated: 2 days ago | Created By:

Imran Ahmed

Tk.8000

Tk.8250

Tk.9000

Tk.9250

0 1

Best Answer Explained in Below-:

Capital, P= 6000 tkCapital + 4 Year's Interest = 7200 tk4 Year's Interest = 7200-6000 = 1200 tk1 Year's Interest = 1200/4 = 300 tkInterest rate = (300÷6000)×100 = 5%New Interest Rate, r = 5×1.5 = 7.5%Year, n = 5So, the amount = P ( 1 + n.r )= 6000 { 1 + 5× (7.5÷100)}= 6000 × 1.375= 8250 tk

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Tk.6000 becomes Tk.7200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of same principal in 5 years will be- ?

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