Question

19. Manisha borrowed Rs. 6,200 from a bank for 4 years at 15% p.a.
a) Find the amount she will have to pay at the end of 4 years.
i) Rs. 9290 ii) Rs. 9920 iii) Rs. 9470 iv) Rs. 9740
b) What will be the amount to be paid by her if she has to pay Rs. 80
as fine for delay in payment.
i) Rs. 11,000 ii) Rs. 9,390 iii) Rs. 9,930 iv) Rs. 10,000
c) Manisha's requirement for money has increased to Rs. 8,000. If
the time and rate remains the same i.e. 15% p.a. for 4 years. What
amount will she pay back to bank?
i) Rs. 12,800 ii) Rs. 18,200 iii) Rs. 8,400 iv) Rs. 4,800
d) In how many years, will the sum of Rs. 2400 yield an interest of
Rs. 240 at 5% p.a.?
i) 3yrs ii) 2.5 yrs iii) 2yrs iv) 1yr​

Answer 1

i dont know and you too

Answer 2

Answer:

Step-by-step explanation:

(a) Find the amount she will have to pay at the end of 4 years.

Simple interest = p× R× T

= 6200 × 15 ×4 /100

= 3720

Amount = Principal + interest

= 6200 + 3720

= 9920

(b) What will be the amount to be paid by her if she has to pay Rs. 80

as fine for delay in payment.

9920 + 80= 10000

(c) Manisha's requirement for money has increased to Rs. 8,000. If

the time and rate remains the same i.e. 15% p.a. for 4 years. What

amount will she pay back to bank?

Simple interest = p× R× T

= 8000 × 15 ×4 /100

= 4800

Amount = Principal + interest

= 8000 + 4800

= 12800