Kriya deposits an amount of RS. 65800 to obtain a simple interest at the rate of 14% per annum for four years
Answer: 102648
Explanation
S.I=P*R/100*T
S.I=65800*14/100*4=658*14=36848
Final deposit =65800+36848=102648
This question appeared in
Past Papers (3 times)
PPSC 5 Years Past Papers Subject Wise (Solved with Details) (2 times)
PPSC Past Papers (1 times)
This question appeared in
Subjects (1 times)
MATHS MCQS (1 times)
Related MCQs
- Ali deposits an amount of X 65800 to obtain a simple interest at the rate of 14% per annum for 4 year. What total amount will Ali get at the end of 4 year?
- Rs. 1200 is lent out at 5% per annum simple interest for 3 years. Find the amount after 3 years.
- The principal, which will amount to Rs. 270.40 in 2 years at the rate of 4% per annum compound interest is?
- Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%. It would amount to how much?
- A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:
- If $2,000 is invested at an annual simple interest rate of 5% for 4 years, what is the total amount accumulated?
- The difference between simple interest and compound interest on Rs. 1625 for 3 years at 4% per annum in rupees is?
- If $1000 is deposited in a savings account with a 2% annual interest rate, what will be the total interest after 3 years (simple interest)?
- Mr. Ali borrows RS. 500 from bank for a period of 4 years. If interest rate is 11% per anum, what would be the amount of interest he has to pay back in addition to the principal amount?
- Which of the following represents the amount of money accumulated after n years, including interest, on a principal amount P at an annual interest rate r compounded annually?
