A sum fetched a total simple interest of Rs. 584.1 at the rate of 6% p.a. in 5 years. What is the su

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22 Sep 2017 Simple Interest

A sum fetched a total simple interest of Rs. 584.1 at the rate of 6% p.a. in 5 years. What is the sum?

OPtion

1) Rs 1840
2) Rs 1850
3) Rs 1856
4) Rs 1900
5) Rs 1960
6) Rs 1950
7) Rs 1908
8) Rs 1919
9) Rs 1947
10) None of these

Solution

SI = PRT/100
P= SI*100/RT = 584.1*100/5*6 = 1947
Option 9)

Correct Option: 9 Best Solution (0)