Scholarship Exam Preparation App
Class 5 - (Math )
Applied Mathematics - Simple Interest (problems based on basic information)
The interest on a certain amount at 10% for 3 years is 1200. What will be the total amount (Principal + Interest) at the same rate for 5 years?
a :
Rs.5200
b :
Rs.5400
c :
Rs.5600
d :
Rs.6000
Explanation :
P=(1200×100)/(10×3)=4000 → SI(5th)=2000 → Amount=6000