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Kinjal lend a money to her friend on simple interest of 5% for 4 years. If at last she got the total amount of Rs. 12000, the amount she lend is Rs. ….
- a)8000
- b)10000
- c)6500
- d)9000
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Kinjal lend a money to her friend on simple interest of 5% for 4 years...
Simple Interest = PRT/100
Here, R = 5%
T = 4 years
Total amount = P + I = 12000
⇒ I = 12000 - P
⇒ I = P × 5 × 4/100
⇒ 12000 - P = 20P/100
⇒ 12000 – P = 0.2P
⇒ 12000 = 1.2P
∴ P = 12000/1.2 = Rs. 10,000
Here, R = 5%
T = 4 years
Total amount = P + I = 12000
⇒ I = 12000 - P
⇒ I = P × 5 × 4/100
⇒ 12000 - P = 20P/100
⇒ 12000 – P = 0.2P
⇒ 12000 = 1.2P
∴ P = 12000/1.2 = Rs. 10,000
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Kinjal lend a money to her friend on simple interest of 5% for 4 years. If at last she got the total amount of Rs. 12000, the amount she lend is Rs. ….a)8000b)10000c)6500d)9000Correct answer is option 'B'. Can you explain this answer?
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