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

  • google app store apple app store
  • ✖

      Question

      Simple interest on a sum at 8% per annum for 3 years is

      Rs. 1920. What is the principal?
      A Rs.7235 Correct Answer Incorrect Answer
      B Rs.5440 Correct Answer Incorrect Answer
      C Rs.8000 Correct Answer Incorrect Answer
      D Rs.5135 Correct Answer Incorrect Answer

      Solution

      ATQ, SI = (P * R * T) / 100 1920 = (P * 8 * 3) / 100 1920 = (24P) / 100 1920 = (6P) / 25 1920 * 25 = 6P 48000 = 6P P = 48000 / 6 = 8000

      Practice Next

      Relevant for Exams:

      ask-question