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    Question

    A borrowed Rs. 5200 from B for his business. How much

    amount A will return to B at the end of 15 months such that the sum was borrowed at simple interest of 25% p.a.?
    A Rs. 6525 Correct Answer Incorrect Answer
    B Rs. 6725 Correct Answer Incorrect Answer
    C Rs. 6825 Correct Answer Incorrect Answer
    D Rs. 6800 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Amount to be returned by A = {(5200 × 0.25 × 15)/12} + 5200 = 1625 + 5200 = Rs. 6825

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