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.
Add Comment
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.
Add Comment

6000

dagar3 Newbie Answered on 15th December 2015.
Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.