• Login via
  • or
  • New here ?

Sahil took a loan for 6 years at the rate of 5% per annum on Simple Interest, If the total interest paid was Rs. 1230, the principal was

A.4100
B.4200
C.4300
D.4400
Answer and Feedback
Answer:A
Feedback:S.I.= P*R*T/100 => P = S.I.*100R*T
By applying above formula we can easily solve this question, as we are already having the simple interest.
= 1230*100/6*5
P=4100

do you want?

view more test

Share this post

Some other questions you may be interested in.

Loading...