What would Rs 1947 amount to when invested for a period of 70 years where rate of simple interest is

M4maths Previous Puzzles

15 Aug 2018 Simple Interest

What would Rs 1947 amount to when invested for a period of 70 years where rate of simple interest is 6%?

OPtion

1) 8177.4
2) 10126.4
3) 10142.4
4) 8117.4
5) 10124.4
6) 10129.4
7) 8171.4
8) 10140.4
9) 10118.4
10) None of these

Solution

SI = PRT/100 = 1947*70*6/100 = 8171.4

A = SI+P =10124.4

Correct Option: 5 Best Solution (1)