L(A)
interest?
(A) 6,000 (B) 5,000 (C) 4,000
(D) * 6,200
A B)
Find
(A
2. A man deposited 3,000 for 2 years with simple interest in a bank at the
rate of 10 p.c.p.a. How much money will he get back after 2 years?
(D) * 3,600
(A) 300
(B) 600
(C) * 3,300
204
AR NAVODAYA VIDYALAYA ENTRANCE TEST DIGEST
Answers
Answered by
99
Answer:
- After 2 years he will get back Rs 3600.
Step-by-step explanation:
Given that:
- Principal = Rs 3,000
- Time = 2 years
- Rate of interest = 10 per annum
To Find:
- How much money will he get back after 2 years?
Formula used:
In simple interest.
- SI = (P × R × T)/100
- A = P + SI
Where,
- SI = Simple interest
- P = Principal
- R = Rate of interest
- T = Time
- A = Amount
Finding the simple interest:
⇒ SI = (3000 × 10 × 2)/100
⇒ SI = 60000/100
⇒ SI = 600
∴ Simple interest = Rs 600
Finding the amount:
⇒ A = 3000 + 600
⇒ A = 3600
∴ Amount = Rs 3600
Answered by
174
✪ Question Given :
- A man deposited 3,000 for 2 years with simple interest in a bank at the rate of 10 . How much money will he get back after 2 years?
✪ Required Solution :
✯ Values given to us :
- ⇒ Principal= ₹3000
- ⇒ Rate = 10 per annum
- ⇒ Time = 2 years
✪ Formula used here :
- ⇒ I = PRT / 100
- ⇒ I = 3000 × 10 × 2/ 100
- ⇒ I = 60000/100
- ⇒ I = ₹ 600 [ Interest ]
✯ Now , Amount = I + P
- ⇒ ₹ 600 + 3000
- ⇒ ₹ 3600[ Amount ]
✯ Finally Solved out !
- ⇒ Interest = ₹600
- ⇒ Amount = ₹3600
• After 2 years man will get ₹3600
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