Question
Sneha lends Rs. 10,400 on simple interest at 9% annually
for 2 years. If she receives Rs. '2k' at the end, calculate the product of digits of 'k'.Solution
ATQ,
Simple interest = Principal × Rate × Time ÷ 100
Interest = 10,400 × 9 × 2 ÷ 100 = Rs. 1,872
2k = 10,400 + 1,872
2k = 12,272
k = 6,136
Product = 6 × 1 × 3 × 6 = 108
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