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Question

If Rs. 85 amounts to Rs. 95 in 3 years, then Rs. 102 will amount to in 5 years at the same rate percent is

A
Rs. 120
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B
Rs. 104
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C
Rs. 116
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D
Rs. 122
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Solution

The correct option is A Rs. 122
P=85, T=3years , SI=9595=10
In first case, we have
P×R×T100=SI
85×R×3100=10
R=20051 %

In later case, P=102, T=5, R=20051
SI =102×200×5100×51=20
A=P+SI=102+20=122

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