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A certain amount becomes 2200 at rate of...

A certain amount becomes 2200 at rate of 5% in certain time period and same amount becomes 2320 at rate of 8% then find the required amount ?

A

Rs 2000

B

Rs 1900

C

Rs 2100

D

Rs 1800

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The correct Answer is:
To solve the problem step by step, we need to find the principal amount (P) that leads to the two different amounts at different interest rates. ### Step 1: Understand the problem We have two scenarios: 1. The amount becomes 2200 at a rate of 5% per annum. 2. The same amount becomes 2320 at a rate of 8% per annum. We need to find the principal amount (P). ### Step 2: Set up the equations Using the formula for Simple Interest: \[ A = P + SI \] Where: - \( A \) is the total amount after interest. - \( P \) is the principal amount. - \( SI \) is the simple interest. The simple interest can also be calculated as: \[ SI = \frac{P \times r \times t}{100} \] Where: - \( r \) is the rate of interest. - \( t \) is the time period. From the first scenario: \[ 2200 = P + \frac{P \times 5 \times t}{100} \] This can be rearranged to: \[ 2200 = P(1 + \frac{5t}{100}) \] (Equation 1) From the second scenario: \[ 2320 = P + \frac{P \times 8 \times t}{100} \] This can be rearranged to: \[ 2320 = P(1 + \frac{8t}{100}) \] (Equation 2) ### Step 3: Solve the equations Now we have two equations: 1. \( 2200 = P(1 + \frac{5t}{100}) \) 2. \( 2320 = P(1 + \frac{8t}{100}) \) We can express \( P \) from both equations: From Equation 1: \[ P = \frac{2200}{1 + \frac{5t}{100}} \] From Equation 2: \[ P = \frac{2320}{1 + \frac{8t}{100}} \] ### Step 4: Set the two expressions for P equal to each other \[ \frac{2200}{1 + \frac{5t}{100}} = \frac{2320}{1 + \frac{8t}{100}} \] ### Step 5: Cross-multiply to eliminate the fractions \[ 2200(1 + \frac{8t}{100}) = 2320(1 + \frac{5t}{100}) \] ### Step 6: Expand both sides \[ 2200 + \frac{17600t}{100} = 2320 + \frac{11600t}{100} \] ### Step 7: Simplify the equation \[ 2200 + 176t = 2320 + 116t \] ### Step 8: Move all terms involving t to one side \[ 176t - 116t = 2320 - 2200 \] \[ 60t = 120 \] ### Step 9: Solve for t \[ t = \frac{120}{60} = 2 \text{ years} \] ### Step 10: Substitute t back into one of the equations to find P Using Equation 1: \[ P = \frac{2200}{1 + \frac{5 \times 2}{100}} \] \[ P = \frac{2200}{1 + 0.1} \] \[ P = \frac{2200}{1.1} \] \[ P = 2000 \] ### Final Answer The required amount (principal) is **2000 rupees**. ---
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