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    If Rs.64 amounts to Rs.83.20 in 2 years, what will Rs.86 amount to in 4 years at the same rate per cent Simple Interest per annum?
    Question

    If Rs.64 amounts to Rs.83.20 in 2 years, what will Rs.86 amount to in 4 years at the same rate per cent Simple Interest per annum?

    A.

    Rs.124.70

    B.

    Rs.127.40

    C.

    Rs.114.8

    D.

    Rs.137.60

    Correct option is D


    Given:
    Principal = Rs. 64 , Amount = 83.20 , years = 2
    Principal(2) = 86, time = 4 years
    Formula used:
    SI = A - P
    SI = (P×R×T)/100
    Solution:
    83.20 – 64 = (64×R×2)/100
    19.2×100 = 64×R×2
    R = 1920/128
    R = 15%
    Simple interest after 4 years at the rate of 15% when principal is Rs. 86
    SI = (P×R×T)/100
    SI =(86×15×4)/100
    SI = 51.6
    Amount after 4 years = 86 + 51.6 = Rs. 137.6

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