Mohita deposits Rs.15,000 in her bank account for 6 years to earn a simple interest of 11.5 %.what a

M4maths Previous Puzzles

22 Feb 2019 Interest

Mohita deposits Rs.15,000 in her bank account for 6 years to earn a simple interest of 11.5 %.what amount will she get after 6 years?

OPtion

1) 10550
2) 10950
3) 10350
4) 10450
5) 10650
6) 25350
7) 25450
8) 25550
9) 25650
10) None of these

Solution

SI = PRT/100 = 15000*11.5*6/100 = 10350

A= P+SI = 15000 + 10350 = 25350

Correct Option: 6 Best Solution (3)