Question

If Rohan borrows Rs 4800 at 5% p.a. simple interest, then the amount he has to return at the end of two years is *
a. Rs 5280
b. Rs 5080
c. Rs 5200
d. Rs 5600

Answer 1

ANSWER

Principla (P) =Rs.4800

Rate (R) =5%

Time (T) =2 years

∴S.P.=100PRT=1004800×5×2=Rs.480

and Amount = P + S.I. =Rs.4800+Rs.480=Rs.5280