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
155 views
in Simple Interest by (72.6k points)
closed by
Find the simple interest on Rs. 4500 for 6 years at 4% per annum.
1. Rs. 1050
2. Rs. 1080
3. Rs. 1500
4. Rs. 1600

1 Answer

0 votes
by (121k points)
selected by
 
Best answer
Correct Answer - Option 2 : Rs. 1080

Given:

Principal = Rs. 4500; Time = 6 years and Rate = 4% per annum

Formula used:

Simple interest = (Principal × rate × time)/100

Calculation:

Simple interest = (4500 × 6 × 4)/100

⇒ Rs. 1080

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

...