1.

An amount fetched a total simple interest of Rs. 3200 at the rate of 6.25% per year in 4 years. What is the amount (in Rs.)?1). 138002). 118003). 128004). 14800

Answer»

LET the AMOUNT be y

Simple INTEREST can be given as

3200 = (y × 6.25 × 4)/100

⇒ y = 12800

∴ the amount is Rs. 12800



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