Simple Interest Practice Test 1

Question : 29 of 40

Marks: +1, -0

A sum fetched a total simple interest of Rs 5,184 at the rate of 12% per annum in 6 years. What is the sum?

Solution:

SI = Rs 5,184, R = 12% p.a. T = 6 years

∴P={100×SI}/{R×T}

={100×5184}/{12×6}=7200

Go to Question:

Prev Question

Next Question