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Simple Interest
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A sum fetched a total simple interest of Rs. 4000 at the rate of 10 p.c.p.a. in 4 years. What is the sum?
Options
- Rs. 12000
- Rs. 10000
- Rs. 13000
- Rs. 14000
CORRECT ANSWER : Rs. 10000
Discussion Board
Solution
Let da principal amount to be ''x''. SI=x*10*4/100=4000 x=20000/2 =10000rs.
Anilaraj 10-21-2019 12:19 AM
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