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Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the rate becomes 1.5 times of itself, the amount (in Rs.) of the same principal in 15 yrs will be.
- a)18,500
- b)20,000
- c)20,500
- d)19,500
Correct answer is option 'D'. Can you explain this answer?
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Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the ...
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Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the ...
Given information:
Principal amount (P) = Rs. 6000
Amount after 2 years (A) = Rs. 7200
To find:
Amount after 15 years with the rate increased by 1.5 times.
Solution:
Let's assume the rate of interest as 'R'.
Using the formula for Simple Interest, we have:
A = P + (P * R * T)
7200 = 6000 + (6000 * R * 2)
7200 - 6000 = 12000R
1200 = 12000R
R = 1200/12000
R = 0.10 or 10%
Therefore, the rate of interest is 10%.
Now, let's find the amount after 15 years with the increased rate.
Let's assume the new rate of interest as 'R1' which is 1.5 times of 'R'.
R1 = 1.5 * R
R1 = 1.5 * 10%
R1 = 15%
Using the formula for Simple Interest, we have:
A = P + (P * R1 * T)
A = 6000 + (6000 * 15% * 15)
A = 6000 + (6000 * 0.15 * 15)
A = 6000 + (6000 * 2.25)
A = 6000 + 13500
A = 19500
Therefore, the amount after 15 years with the principal amount of Rs. 6000 will be Rs. 19500.
Hence, option D (Rs. 19500) is the correct answer.
Principal amount (P) = Rs. 6000
Amount after 2 years (A) = Rs. 7200
To find:
Amount after 15 years with the rate increased by 1.5 times.
Solution:
Let's assume the rate of interest as 'R'.
Using the formula for Simple Interest, we have:
A = P + (P * R * T)
7200 = 6000 + (6000 * R * 2)
7200 - 6000 = 12000R
1200 = 12000R
R = 1200/12000
R = 0.10 or 10%
Therefore, the rate of interest is 10%.
Now, let's find the amount after 15 years with the increased rate.
Let's assume the new rate of interest as 'R1' which is 1.5 times of 'R'.
R1 = 1.5 * R
R1 = 1.5 * 10%
R1 = 15%
Using the formula for Simple Interest, we have:
A = P + (P * R1 * T)
A = 6000 + (6000 * 15% * 15)
A = 6000 + (6000 * 0.15 * 15)
A = 6000 + (6000 * 2.25)
A = 6000 + 13500
A = 19500
Therefore, the amount after 15 years with the principal amount of Rs. 6000 will be Rs. 19500.
Hence, option D (Rs. 19500) is the correct answer.
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Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the rate becomes 1.5 times of itself, the amount (in Rs.) of the same principal in 15 yrs will be.a)18,500b)20,000c)20,500d)19,500Correct answer is option 'D'. Can you explain this answer?
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Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the rate becomes 1.5 times of itself, the amount (in Rs.) of the same principal in 15 yrs will be.a)18,500b)20,000c)20,500d)19,500Correct answer is option 'D'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the rate becomes 1.5 times of itself, the amount (in Rs.) of the same principal in 15 yrs will be.a)18,500b)20,000c)20,500d)19,500Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the rate becomes 1.5 times of itself, the amount (in Rs.) of the same principal in 15 yrs will be.a)18,500b)20,000c)20,500d)19,500Correct answer is option 'D'. Can you explain this answer?.
Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the rate becomes 1.5 times of itself, the amount (in Rs.) of the same principal in 15 yrs will be.a)18,500b)20,000c)20,500d)19,500Correct answer is option 'D'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the rate becomes 1.5 times of itself, the amount (in Rs.) of the same principal in 15 yrs will be.a)18,500b)20,000c)20,500d)19,500Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rs. 6000 becomes Rs. 7,200 in 2 years at a certain rate of SI, If the rate becomes 1.5 times of itself, the amount (in Rs.) of the same principal in 15 yrs will be.a)18,500b)20,000c)20,500d)19,500Correct answer is option 'D'. Can you explain this answer?.
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