Find the amount nbsp-after one year on a sum of nbsp- nbsp-15-000 nbsp-at 15- nbsp-per annum simple interest- -12-500-17-250-17-500-20-000-

The correct option is B ₹17,250 Given, Principal = nbsp;₹ nbsp;15,000 Rate =15% Time =1 year ⇒ nbsp;Simple Interest nbsp; =P×r×t/100 =15,000× 15× 1/10 ...

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Standard VI

Mathematics

Finding Amount

Find the amou...

Question

Find the amount after one year on a sum of ₹15,000 at $15 %$ per annum simple interest.

₹12,500

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₹17,500

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₹17,250

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₹20,000

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Solution

The correct option is C
₹17,250

Given, Principal = ₹ 15,000

Rate $= 15 %$

Time $= 1$ year

$\Rightarrow Simple Interest = \frac{P \times r \times t}{100}$

$= \frac{15, 000 \times 15 \times 1}{100}$

= ₹ 2,250

Now, Amount $= Simple Interest + Principal$

$= 2, 250 + 15, 000 = ₹ 17, 250$

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Find the amount after one year on a sum of ₹15,000 at 15% per annum simple interest.

The correct option is C ₹17,250 Given, Principal = ₹ 15,000 Rate =15% Time =1 year ⇒Simple Interest =P×r×t100 =15,000×15×1100 = ₹ 2,250 Now, Amount =Simple Interest+Principal =2,250+15,000=₹17,250

Find the amount after one year on a sum of ₹15,000 at $15 %$ per annum simple interest.

The correct option is C
₹17,250

Given, Principal = ₹ 15,000

Rate $= 15 %$

Time $= 1$ year

$\Rightarrow Simple Interest = \frac{P \times r \times t}{100}$

$= \frac{15, 000 \times 15 \times 1}{100}$

= ₹ 2,250

Now, Amount $= Simple Interest + Principal$

$= 2, 250 + 15, 000 = ₹ 17, 250$