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DIRECTIONS: Choose the most appropriate answer.
Q. If a person repaid Rs 22500 after 10 years of borrowing a loan, at 10% per annum simple interest find out what amount did he take as a loan?
- a)11,225
- b)11,250
- c)10,000
- d)7,500
Correct answer is option 'B'. Can you explain this answer?
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DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs...
Let P = Rs x
A = P + SI
22500 = x + x
2x = 22500
x = 11250
∴ He took 11,250 as a lone.
A = P + SI
22500 = x + x
2x = 22500
x = 11250
∴ He took 11,250 as a lone.
Most Upvoted Answer
DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs...
Calculation of Loan Amount
To find out the loan amount, we need to calculate the simple interest accrued over 10 years.
Given:
Principal repaid = Rs 22500
Rate of interest = 10% per annum
Formula for Simple Interest:
Simple Interest = (Principal x Rate x Time) / 100
Calculation:
Using the formula for simple interest, we can calculate the loan amount as follows:
22500 = (Principal x 10 x 10) / 100
22500 = (Principal x 100) / 100
22500 = Principal
So, the loan amount taken by the person is Rs 22500.
Answer:
The correct option is 'B', which states that the person took a loan of Rs 11,250.
To find out the loan amount, we need to calculate the simple interest accrued over 10 years.
Given:
Principal repaid = Rs 22500
Rate of interest = 10% per annum
Formula for Simple Interest:
Simple Interest = (Principal x Rate x Time) / 100
Calculation:
Using the formula for simple interest, we can calculate the loan amount as follows:
22500 = (Principal x 10 x 10) / 100
22500 = (Principal x 100) / 100
22500 = Principal
So, the loan amount taken by the person is Rs 22500.
Answer:
The correct option is 'B', which states that the person took a loan of Rs 11,250.
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DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs 22500 after 10 years of borrowing a loan, at 10% per annum simple interest find out what amount did he take as a loan?a)11,225b)11,250c)10,000d)7,500Correct answer is option 'B'. Can you explain this answer?
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DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs 22500 after 10 years of borrowing a loan, at 10% per annum simple interest find out what amount did he take as a loan?a)11,225b)11,250c)10,000d)7,500Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs 22500 after 10 years of borrowing a loan, at 10% per annum simple interest find out what amount did he take as a loan?a)11,225b)11,250c)10,000d)7,500Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs 22500 after 10 years of borrowing a loan, at 10% per annum simple interest find out what amount did he take as a loan?a)11,225b)11,250c)10,000d)7,500Correct answer is option 'B'. Can you explain this answer?.
DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs 22500 after 10 years of borrowing a loan, at 10% per annum simple interest find out what amount did he take as a loan?a)11,225b)11,250c)10,000d)7,500Correct answer is option 'B'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs 22500 after 10 years of borrowing a loan, at 10% per annum simple interest find out what amount did he take as a loan?a)11,225b)11,250c)10,000d)7,500Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs 22500 after 10 years of borrowing a loan, at 10% per annum simple interest find out what amount did he take as a loan?a)11,225b)11,250c)10,000d)7,500Correct answer is option 'B'. Can you explain this answer?.
Solutions for DIRECTIONS:Choose the most appropriate answer.Q. If a person repaid Rs 22500 after 10 years of borrowing a loan, at 10% per annum simple interest find out what amount did he take as a loan?a)11,225b)11,250c)10,000d)7,500Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Defence.
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