Use app×
Join Bloom Tuition
One on One Online Tuition
JEE MAIN 2025 Foundation Course
NEET 2025 Foundation Course
CLASS 12 FOUNDATION COURSE
CLASS 10 FOUNDATION COURSE
CLASS 9 FOUNDATION COURSE
CLASS 8 FOUNDATION COURSE
0 votes
78 views
in Simple Interest by (72.6k points)
closed by
if the interest in 4 years at a 12% rate is Rs. 408, then what should be the principal amount?
1. Rs.850
2. Rs.650
3. Rs.725
4. Rs.800

1 Answer

0 votes
by (121k points)
selected by
 
Best answer
Correct Answer - Option 1 : Rs.850

Given:

Interest is 408 for 4 years at 12% per annum

Concept:

Interest = (Principle × Rate × Time)/100

Calculation:

Let be assume principle is p

⇒ 408 = (p × 4 × 12)/100

⇒ p = 850

∴ The required result will be 850.

Welcome to Sarthaks eConnect: A unique platform where students can interact with teachers/experts/students to get solutions to their queries. Students (upto class 10+2) preparing for All Government Exams, CBSE Board Exam, ICSE Board Exam, State Board Exam, JEE (Mains+Advance) and NEET can ask questions from any subject and get quick answers by subject teachers/ experts/mentors/students.

Categories

...