Question

" 3 "
38. An amount of 600.00 will earn 300 as simple interes
nterest at the rate of
10% in ...... years.
(a) 9 years
(b) 8 years
(c) 4 years
(d) 5 years
Ans. (d) 5 years
39. * 8000 at the rate of 5% p.a. for three years on compound
amounts to ......
(a) 9261
(b) 8261
(c) 2261
(d) 9261
Ans.(a) 9261
40. During a period of two years a principal of 10
annual compound rate 12%. Then the valu
(a) 10%
(c) 30%
(d)
Ans. (a) 100%
(6) 20
​

Answer 1

qué 38. P=600. sI=300. R=10%

sI=PxRxt/loo

300=600×10×T / 100

=> 300/60 =T

=> T= 5year