Question

Aryan borrowed Rs 6000 from his friend and after one year returned Rs 7500.
i. What is the Principal in the above statement? [1M]
a) Rs 1500 b) Rs 6000 c) Rs 7500 d) 13500
ii. What is the Amount in the given statement? [1M]
a) Rs 1500 b) Rs 6000 c) Rs 7500 d) 13500
iii. What is the Simple Interest in the given statement? [1M]
a) Rs 1500 b) Rs 2000 c) Rs 3000 d) Rs 4000
iv. What is the rate of interest paid by Aryan per annum? [1M]
a) 10 % p.a. b) 15 %p.a. c) 20 % p.a. d) 25% p.a.
v. What would be the amount if time was 2 years and rate of interest was same? [1M]
a) Rs. 3000 b) Rs 9000 c) Rs 10000 d) Rs 15000

Answer 1

Step-by-step explanation:

1 b

2 c

3 a

4b

5a

i hope its correct answer