📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store
  • ✖

      Question

      What will be the total amount earned after 3 years on an

      investment of Rs. 45,000 at 10% per annum simple interest?
      A Rs. 45,000 Correct Answer Incorrect Answer
      B Rs. 25,000 Correct Answer Incorrect Answer
      C Rs. 58,500 Correct Answer Incorrect Answer
      D Rs. 65,600 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Simple interest = 45000 × (10/100) × 3 = 45000 × 0.30 = Rs. 13,500

      Amount = 45000 + 13500 = Rs. 58,500

      Practice Next
      ask-question