The Simple Interest on a sum of money will be Rs.600 after 10 years. If the principal is increased three times after 5 years, what will be the total interest at the end of 10 years?
Given that
SI = 600
T = 10 years
$$SI=\frac{(P)\times(R)\times(T)}{100}$$
$$SI=\frac{(P)\times(R)\times(10)}{100}$$
$$SI=\frac{(P)\times(R)}{10}$$
PR = 6000
Given that the simple interest for 10 years = Rs.600
Then for 5 years, it will be Rs.300
If the principal is tripled for next 5 years, then the SI for next 5 years will be $$=\frac{3P\times(R)\times5}{100}$$
Where PR=6000
$$\frac{15×6000}{100}=15×60=900$$
∴ Total interest =300+900=Rs.1200
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