BUSINESS ADMINISTRATION
BUSINESS MATHEMATICS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
Find the S.I. and the total amount for a principal of Rs. 6000 for 3 years at 6% rate of interest.
|
|
1000, 7080
|
|
|
1080, 7000
|
|
|
1080, 7080
|
|
|
None
|
Explanation:
Detailed explanation-1: -Answer: The interest to be paid is 1080 and the amount is 7080. The interest to be paid after 3 years is rupees 1080.
Detailed explanation-2: -The rate of simple interest for which ₹ 6, 000/-will amount to ₹ 6, 900/-in 3 years is. 5%
Detailed explanation-3: -C.I. = Rs7, 484.40-Rs6, 000 = Rs1, 484.40. Q.
Detailed explanation-4: -Answer. Rs. 615. =6615−6000=615.
There is 1 question to complete.