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    Question

    If Rs. 80,000 is invested at 9% per annum simple interest

    for 6 years, how much amount will be received in the end?
    A Rs. 1,35,000 Correct Answer Incorrect Answer
    B Rs. 1,25,000 Correct Answer Incorrect Answer
    C Rs. 1,23,200 Correct Answer Incorrect Answer
    D Rs. 2,65,600 Correct Answer Incorrect Answer

    Solution

    ATQ,

    Simple interest = 80000 Ă— (9/100) Ă— 6 = 80000 Ă— 0.54 = Rs. 43,200

    Amount = 80000 + 43200 = Rs. 1,23,200

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