Question

Viraj borrows Rs. 9600 at 5% per annum simple interest, then amount he has to return at the end of 2 years is

1.Rs. 960
2.Rs. 10080
3.Rs. 10560
4. Rs. 12000


plz suggest ne fast​

Answer 1

Answer :

›»› The amount he has to return at the end of 2 year is Rs.10560.

Given :

• Viraj borrows Rs. 9600 at 5% per annum simple interest.

To Find :

• The amount he has to return at the end of 2 year is ?

How to solve?

Here in this question we have to find the amount he has to return at the end of 2 year. So, firstly we need to find the simple interest of vijay, after that we will find the amount he has to return at the end of 2 year on the basis of conditions given above.

Solution :

As we know that

→ Simple interest = Principal × Rate × Time/100

→ SI = PRT/100

→ SI = (9600 × 5 × 2)/100

→ SI = (96 × 5 × 2)/1

→ SI = 96 × 5 × 2

→ SI = 96 × 10

→ SI = 960

Now,

As we know that

→ Amount = Principal + Simple interest

→ Amount = P + SI

→ Amount = 9600 + 960

→ Amount = 10560

Hence the amount he has to return at the end of 2 year is Rs.10560.

So, option (3) Rs.10560 is correct ✔

Answer 2

Answer:

Given :-

• Principal (P) = Rs 9600
• Rate of Interest (r%) = 5 %
• Time (t) = 2 years

To Find :-

• The amount he has return at the end of 2 years.

Formula Used :-

$\boxed{\bold{\large{S.I\: =\: \dfrac{Prt}{100}}}}$

where,

• S.I = Simple Interest
• P = Principal
• r = Rate of Interest
• t = Time

$\boxed{\bold{\large{Amount\: =\: Principal\: +\: S.I}}}$

Solution :-

According to the question by using the formula we get,

⇒ S.I = (9600 × 5 × 2)/100

⇒ S.I = $\sf\dfrac{\cancel{96000}}{\cancel{100}}$

⇒ S.I = Rs 960

Now, we have to find the amount,

⇒ A = 9600 + 960

➠ A = Rs 10560

$\therefore$ The amount he has return at the end of 2 years is Rs 10560 . So, the correct options is option no 3 ☑ .