Question

On a certain sum the interest paid after 15months is Rs.150 at 5% rate of interest p.a. The sum is
a)Rs. 11250 b)Rs. 112.50 c) Rs. 2400 d) Rs.200
Option 1
Option 2
Option 3
Option 4​

Answer 1

Answer:

$It's \: option \:( c.)Rs.2400$

Step-by-step explanation:

$Interest \: = Rs.150$

$Time \: = 15months \: = > \frac{15}{12}year$

$Rate \: of \: interest \: = 5\%$

$Principle = \: ?$

$\: \: Principle \: \: = \frac{Interest \: \times 100}{Rate \: \times Time}$

$Therefore \\ \: Principal \: = \frac{150 \times 100 \times 12}{5 \times 15}$

$that \: is \: = > Rs.2400$

Answer 2

Answer:

c) Rs. 2400

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