Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest.

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Rs. becomes $ in years at a certain rate of simple interest. If the rate of interest is increased by %, what amount will $ become in years.

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Calculated Answer

1052

Step by Step Solution

In order to solve problem, you must evaluate n₀ + (n₂ * n₀ * (n₃ + ((n₁ - n₀) * 100) / (n₀ * n₂))) / 100.

• n₀ + (n₂ * n₀ * (n₃ + ((n₁ - n₀) * 100) / (n₀ * n₂))) / 100

• Evaluate n₁ - n₀ = 156

  n₀ + (n₂ * n₀ * (n₃ + (156 * 100) / (n₀ * n₂))) / 100

• Evaluate 156 * 100 = 15600

  n₀ + (n₂ * n₀ * (n₃ + 15600 / (n₀ * n₂))) / 100

• Evaluate n₀ * n₂ = 2400

  n₀ + (n₂ * n₀ * (n₃ + 15600 / 2400)) / 100

• Evaluate 15600 / 2400 = 6.5

  n₀ + (n₂ * n₀ * (n₃ + 6.5)) / 100

• Evaluate n₃ + 6.5 = 10.5

  n₀ + (n₂ * n₀ * 10.5) / 100

• Evaluate n₀ * 10.5 = 8400

  n₀ + (n₂ * 8400) / 100

• Evaluate n₂ * 8400 = 25200

  n₀ + 25200 / 100

• Evaluate 25200 / 100 = 252

  n₀ + 252

• Evaluate n₀ + 252 = 1052

  1052
• The answer to the problem and the result of n₀ + (n₂ * n₀ * (n₃ + ((n₁ - n₀) * 100) / (n₀ * n₂))) / 100 is 1052