SSC Government Jobs Exams Numerical Ability Simple & Compound Interest

Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years?

Read Solution (Total 2)

S.I. = 956 - 800 = Rs 156......
r= SI * 100/p*n
r= 6 1/2 %
new SI = 252

Now amount will be 800 + 252 = 1052
9 years agoHelpfull: Yes(0) No(0)

S.I. = 956 - 800 = Rs 156......
r= SI * 100/p*n
r= 6.5 %

Now r increased by 4% i.e, (6.5+4)=10.4%

new SI =(800*3*10.5)/100 = 252
Now amount will be 800 + 252 = 1052
9 years agoHelpfull: Yes(0) No(0)

SSC Other Question

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