A sum fetched a total simple interest of Rs. 9648 at the rate of 12% per year in 6 years. What is the sum?
Let the sum = $$Rs. 100x$$
Rate = 12% under simple interest and time = 6 years
=> Simple interest = $$\frac{P \times R \times T}{100}$$
=> $$\frac{100x \times 12 \times 6}{100}=9648$$
=> $$72x=9648$$
=> $$x=\frac{9648}{72} = 134$$
$$\therefore$$ Sum = $$100 \times 134 = Rs$$ $$13,400$$
=> Ans - (D)
Create a FREE account and get:
