Simple Interest Practice Test 4

Question : 19 of 26

Marks: +1, -0

Mr. Jha deposits an amount of Rs. 56500 to obtain a simple interest at the rate of 12 p.c.p.a. for 3 years. What total amount will Mr. Jha get at the end of 3 years?

Rs. 73420
Rs. 75680
Rs. 76840
Rs. 77540

Validate

Solution:

I={56500×12×3}/100=20340

Hence, Amount = 56500 + 20340 = Rs. 76840

Go to Question:

Prev Question

Next Question