Alpha invested ₹1500 at the rate of 10% interest for one year. Find the interest earned at the end of one year.

$175

No worries! We‘ve got your back. Try BYJU‘S free classes today!

$165

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

$150

No worries! We‘ve got your back. Try BYJU‘S free classes today!

$105

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B $165
Given Principal is ₹ 1500 ; Rate is 10%
Interest = $\frac{1500 \times 10 \times 1}{100}$
= ₹ 150

Suggest Corrections

Similar questions

R s . 10000

5 %

$ 1000

2

10 %

The ratio of simple interest earned on investing the same amount for 12 years and 18 years at the same rate of interest is :.

60, 000 w a s i n v e s t e d f o r o n e y e a r . P a r t o f t h i s a m o u n t e a r n e d s i m p l e a n n u a l i n t e r e s t a t t h e r a t e o f x p e r c e n t p e r y e a r, a n d t h e r e s t e a r n e d s i m p l e a n n u a l i n t e r e s t a t t h e r a t e o f y p e r c e n t p e r y e a r . I f t h e t o t a l i n t e r e s t e a r n e d b y t h e

4, 080, w h a t i s t h e v a l u e o f x ? (1)

Join BYJU'S Learning Program