Ekansh Soni

EduRev Class 6

Ekansh Soni
EduRev Class 6

Currently preparing for

Discussed Questions

What is the sum of amount which gives Rs. 6300 as interest @ 7% per annum of simple interest in 7*1/2years?
  • a)
    36000
  • b)
    24000
  • c)
    63000
  • d)
    12000
  • e)
    None of these
Correct answer is option 'D'. Can you explain this answer?

Sachin Salaria answered  •  Jun 05, 2021
S.I=6300,R=7%,T=7*1/2=15/2 YEARS

Formula
SI= P×R×T/100
6300 =P×7×15/100×2
6300=P×7×3/20×2
6300×40=P×7×3
6300×40/7×3=P
300×40=P
12000= P answer is D
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