ram borrowed Rs.6000 from a moneylender at the rate of interest 9:/: per annum.find the amount payable after 1 one.(a) Rs.6540 (b)Rs.540 (c) Rs.6000 (d) Rs.5060. What is answer
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Answer:
option (A) 6540
Step-by-step explanation:
GIVEN,
P=₹6000, T= 1 YEAR, R= 9PERCENT P.A.
THUS,
INTEREST = PRT÷100
(6000×9×1)÷100
=54000÷100
₹540 (INTEREST)
THUS AMOUNT PAYABLE AFTER 1 YEAR-
P + I
6000 +540= [OPTION (A)] ₹6540.
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