Ms. Vishaka deposits an amount of Rs. 35800 to obtain a simple interes

1.	Ms. Vishaka deposits an amount of Rs. 35800 to obtain a simple interest at the rate of 15% per annum for 4 year. What total amount will Ms. Vishaka get at the end of 4 year?1. Rs. 572802. Rs. 398803. Rs. 214804. Rs. 14285
Answer» Correct Answer - Option 1 : Rs. 57280 Given: Principal = Rs 35,800 Rate of interest, R = 15% Time period, T = 4 years Concept used: Total amount = Principal, P + Simple Interest, SI SI = PRT/100 Calculation: SI = (35,800 × 15 × 4)/100 = 21,480 Total amount = 35,800 + 21,480 = Rs 57,280 ∴ Total amount obtained at the end of four years is Rs 57,280.

Ms. Vishaka deposits an amount of Rs. 35800 to obtain a simple interest at the rate of 15% per annum for 4 year. What total amount will Ms. Vishaka get at the end of 4 year?1. Rs. 572802. Rs. 398803. Rs. 214804. Rs. 14285

Answer» Correct Answer - Option 1 : Rs. 57280

Given:

Principal = Rs 35,800

Rate of interest, R = 15%

Time period, T = 4 years

Concept used:

Total amount = Principal, P + Simple Interest, SI

SI = PRT/100

Calculation:

SI = (35,800 × 15 × 4)/100 = 21,480

Total amount = 35,800 + 21,480 = Rs 57,280

∴ Total amount obtained at the end of four years is Rs 57,280.

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Ms. Vishaka deposits an amount of Rs. 35800 to obtain a simple interest at the rate of 15% per annum for 4 year. What total amount will Ms. Vishaka get at the end of 4 year?1. Rs. 572802. Rs. 398803. Rs. 214804. Rs. 14285

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