Which amount’s interest will be Rs.270 in a period of 6 months with simple interest rate of 9%?

  1. Rs.5,000
  2. Rs.4,000
  3. Rs.7,000
  4. Rs.6,000
Anurag Mishra Professor Asked on 14th December 2015 in Maths.
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  • 2 Answer(s)

    Answer: (4) Rs. 6, 000

    Explanation:-
    Let the principal be Rs. X
    Given-

    Simple interest = Rs. 270, rate = 9% & time = 6 months

    270 = X x 6 x 9/12 x 100
    30 = 6 X/12 x 100
    5 =  X/12 x 100
    X = 500 x 12
    X = 6, 000

    Then, the principal is Rs. 6, 000.

    Hence, the answer is (4) Rs. 6, 000.

    Anurag Mishra Professor Answered on 15th December 2015.
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    6000

    dagar3 Newbie Answered on 15th December 2015.
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