1.

A sum of Rs. 12660 lent on simple interest at the rate of `15%` p.a. for 5 years. Find the amount at the end of 5 years.

Answer» Correct Answer - Rs. 22155
P=Rs. 12660
Rate `=15%`p.a.
T=5 years
`I=(PTR)/(100)=(12660xx5xx15)/(100)=9495`
`A=P+I`
`=12660+9495=Rs. 22155`


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