For higher education, Trusha borrows Rs. 9600 from the post-office for 212 years at the rate of 9%. How much interest and amount would she pay back at the end of the term ?
A
Interest = Rs. 1050, Amount = Rs. 10,650
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B
Interest = Rs. 2160, Amount = Rs. 11,760
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C
Interest = Rs. 2760, Amount = Rs. 12,360
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D
Interest = Rs. 4720, Amount = Rs. 14,320
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Solution
The correct option is BInterest = Rs. 2160, Amount = Rs. 11,760 SI=PRT100
=9600×9×2.5100
=Rs.2160.
Hence, total amount she pay back at the end of the term is