Question

Q-
Mr. Anuraag Awasthi deposits an amount of Rs. 56,500 to
obtain a simple interest at the rate of 12 p.c.p.a. for 3 years.
What total amount will Mr. Anurag Awasthi get at the end of
3 years?
a. Rs. 75,680 b. Rs. 77,540
c.Rs.76840
d. Rs. 73,420
e. None of these​

Answer 1

Answer:

Simple interest=p×r×t/100

=56,500×12×3/100

=rupees20,340

amount=56500+20340

=76840