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Standard VI

Mathematics

Amount

If Akila paid...

Question

If Akila paid an interest of ₹450 for 1 year at an interest of 4.5% per annum, find the sum of money she borrowed.

₹4,500

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₹5,000

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₹9,000

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₹10,000

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Solution

The correct option is D ₹10,000
Simple Interest (S.I.) = $\frac{P r i n c i p a l (P) \times T i m e (T) \times R a t e (R)}{100}$
Where T is in years
So, Princiapl (P)
$= \frac{₹ 450 \times 100}{1 \times 4.5} = ₹ 10, 000$

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If Akila paid an interest of ₹450 for 1 year at an interest of 4.5% per annum, find the sum of money she borrowed.

The correct option is D ₹10,000Simple Interest (S.I.) = Principal (P) × Time (T) × Rate (R) 100 Where T is in years So, Princiapl (P) = ₹450 × 1001 × 4.5 = ₹10,000

The correct option is D ₹10,000
Simple Interest (S.I.) = $\frac{P r i n c i p a l (P) \times T i m e (T) \times R a t e (R)}{100}$
Where T is in years
So, Princiapl (P)
$= \frac{₹ 450 \times 100}{1 \times 4.5} = ₹ 10, 000$