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A sum of money invested at 9% per annum simple interest amounts to Rs. 37760 in 2 years. What will it amount to in 3 years at 10% per annum?

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To solve the problem step by step, we will first determine the principal amount using the information given about the simple interest at 9% per annum for 2 years, and then we will calculate the amount for 3 years at 10% per annum. ### Step 1: Calculate the Simple Interest for 2 Years We know that: - Amount (A) = Rs. 37,760 - Rate (R) = 9% per annum - Time (T) = 2 years The formula for the amount in simple interest is: \[ A = P + SI \] Where: - \( SI = \frac{P \times R \times T}{100} \) ### Step 2: Substitute the values into the formula We can express the amount in terms of principal (P): \[ 37760 = P + \frac{P \times 9 \times 2}{100} \] ### Step 3: Simplify the equation This simplifies to: \[ 37760 = P + \frac{18P}{100} \] \[ 37760 = P + 0.18P \] \[ 37760 = 1.18P \] ### Step 4: Solve for Principal (P) Now, we can solve for P: \[ P = \frac{37760}{1.18} \] \[ P = 32000 \] ### Step 5: Calculate Simple Interest for 3 Years at 10% Now that we have the principal amount, we will calculate the amount for 3 years at 10% per annum: - New Rate (R) = 10% - New Time (T) = 3 years Using the simple interest formula: \[ SI = \frac{P \times R \times T}{100} \] \[ SI = \frac{32000 \times 10 \times 3}{100} \] \[ SI = \frac{320000}{100} \] \[ SI = 3200 \] ### Step 6: Calculate the Total Amount for 3 Years Now, we can find the total amount: \[ A = P + SI \] \[ A = 32000 + 3200 \] \[ A = 35200 \] ### Final Answer The amount after 3 years at 10% per annum will be Rs. 35,200. ---
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