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The simple interest on a sum of money wi...

The simple interest on a sum of money will be X 200 after 5 yr. In the next 5 yr, principal is tripled. What will be the total interest at the end of the 10th yr?

A

650

B

850

C

800

D

750

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate the simple interest for the first 5 years and then for the next 5 years when the principal is tripled. ### Step 1: Calculate the Simple Interest for the First 5 Years The simple interest (SI) for the first 5 years is given as 200. **Formula for Simple Interest:** \[ \text{SI} = \frac{P \times R \times T}{100} \] Where: - \( P \) = Principal amount - \( R \) = Rate of interest per annum - \( T \) = Time in years From the problem, we know: \[ \text{SI} = 200 \] \[ T = 5 \text{ years} \] ### Step 2: Calculate the Simple Interest for the Next 5 Years After 5 years, the principal is tripled. Therefore, the new principal \( P' \) becomes: \[ P' = 3P \] Since the rate of interest and time remain the same, the simple interest for the next 5 years will also be calculated using the same formula: \[ \text{SI for next 5 years} = \frac{P' \times R \times T}{100} = \frac{3P \times R \times 5}{100} \] ### Step 3: Relate the Simple Interest for the Next 5 Years to the First 5 Years Since we know that the simple interest for the first 5 years is 200, we can express the simple interest for the next 5 years as: \[ \text{SI for next 5 years} = 3 \times \text{SI for first 5 years} = 3 \times 200 = 600 \] ### Step 4: Calculate the Total Simple Interest at the End of 10 Years Now, we can find the total simple interest over the 10 years by adding the simple interest from the first 5 years and the next 5 years: \[ \text{Total SI} = \text{SI for first 5 years} + \text{SI for next 5 years} \] \[ \text{Total SI} = 200 + 600 = 800 \] ### Final Answer The total interest at the end of the 10th year is **800**. ---
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