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Question
Sheela deposits ₹ 5400 and got back an amount of ₹ 6000 after a year. Find the simple interest she received.
Sheela deposits ₹ 5400 and got back an amount of ₹ 6000 after a year. Find the simple interest she received.
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Solution
The correct option is D 600
Principal (P) = ₹ 5400,
Amount (A) = ₹ 6000
Simple Interest (SI) = Amount (A) – Principal (P)
= 6000 - 5400
= 600
Sheela got an interest of ₹ 600.
Principal (P) = ₹ 5400,
Amount (A) = ₹ 6000
Simple Interest (SI) = Amount (A) – Principal (P)
= 6000 - 5400
= 600
Sheela got an interest of ₹ 600.
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