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Standard VIII

Mathematics

Formula for CI

If certain su...

Question

If certain sum of money was deposited for $5$ year at $10$ % simple interest and amounted to Rs $6000$ then the value of amount deposited was

Rs.

4000

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Rs.

2500

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Rs.

1000

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Rs.

680

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Solution

The correct option is A Rs. $4000$
Let amount which was deposited be $R s . P$

Then according to question,

$\frac{P R T}{100} = 6000 - P$

$\frac{P \times 10 \times 5}{100} = 6000 - P$

$\frac{P}{2} = 6000 - P$

$P = R s .4000$

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If certain sum of money was deposited for 5 year at 10 % simple interest and amounted to Rs 6000 then the value of amount deposited was

The correct option is A Rs. 4000Let amount which was deposited beRs.PThen according to question,PRT100=6000−PP×10×5100=6000−PP2=6000−PP=Rs.4000

If certain sum of money was deposited for $5$ year at $10$ % simple interest and amounted to Rs $6000$ then the value of amount deposited was

The correct option is A Rs. $4000$
Let amount which was deposited be $R s . P$

Then according to question,

$\frac{P R T}{100} = 6000 - P$

$\frac{P \times 10 \times 5}{100} = 6000 - P$

$\frac{P}{2} = 6000 - P$

$P = R s .4000$