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

  • google app store apple app store
  • ✖

      Question

      On a certain sum of money, simple interest at 8% per

      annum for 3 years is Rs 4,800. Find the principal,
      A 80,000 Correct Answer Incorrect Answer
      B 30,000 Correct Answer Incorrect Answer
      C 20,000 Correct Answer Incorrect Answer
      D 10,000 Correct Answer Incorrect Answer

      Solution

      ATQ, SI = (P × R × T)/100 4800 = P × 8 × 3 / 100 = 24P / 100 So P = 4800 × 100 / 24 = 480,000 / 24 = 20,000

      Practice Next
      ask-question