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Standard IX
Mathematics
Compound Interest
Find the simp...
Question
Find the simple interest on Rs 600 for 3 years at 5% per annum. Also find the amount
A
Rs 680
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B
Rs 685
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C
Rs 690
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D
Rs 695
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Solution
The correct option is
B
Rs 690
Simple interest
=
P
T
R
100
=
600
×
3
×
5
100
=
R
s
90
Amount
=
P
r
i
n
c
i
p
a
l
+
I
n
t
e
r
e
s
t
=
600
+
90
=
R
s
690
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