Simple Interest Practice Test 2

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Question : 12 of 40

Marks: +1, -0

Mrs. Nilam obtained an amount of Rs. 8,376 as simple interest on a certain amount at p.c.p.a. after 6 years. Find the amount invested by Mrs. Nilam.

Rs. 16,660
Rs. 17,180
Rs. 17,450
Rs. 18,110

Solution:

P =

{8376 ×100}/{8 ×6}

= Rs. 17450

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