Discussion :: Simple Interest
- A certain sum becomes Rs. 20720 in four years and 24080 in six years at simple interest. Find sum and rate of interest?
|
A.
Rs. 12000; 12% p.a.
|
|
B.
Rs. 14000; 12% p.a.
|
|
C.
Rs. 12000; 15% p.a.
|
|
D.
Rs. 14000; 15% p.a.
|
|
E.
None of these
|
Whatsapp
Facebook
Answer : Option B
Explanation :
Let the interest for one year be x.
As amount = Principal + Interest, we have
Be The First To Comment