Question

    Rs. 5,750 was invested for 4 years on the average

    interest rate of 13%. Find the total amount received (in rupees) with interest.
    A 8,740 Correct Answer Incorrect Answer
    B 8,760 Correct Answer Incorrect Answer
    C 8,750 Correct Answer Incorrect Answer
    D 8,770 Correct Answer Incorrect Answer

    Solution

    P =100=5750. One year interest =13% 4-year interest =52% Then Amount =100+52=152 ATQ- 100=5750 1=57.5 152=57.5×152 =8740 Rs. Basic method- You can solve also by formula. SI=PRT/100 A=P+SI

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