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Sunday, March 17, 2024

Shamita took a loan at simple interest rate of 6 p.c.p.a in the year and it increased by 1.5 p.c.p.a every year. If she pays Rs. 8,190 as interest at the end of 3 years, what was her loan amount ?

Shamita took a loan at simple interest rate of 6 p.c.p.a in the year and it increased by 1.5 p.c.p.a every year. If she pays Rs. 8,190 as interest at the end of 3 years, what was her loan amount ?
ARs. 36000
BRs. 35400
CRs. 36800
DNone of these

Correct answer is: None of these

Explanation:

Let the loan amount be Rs.x,

Therefore, 8190

x×6×1100+x×7.5×1100+x×9×1100

=>22.5x100=8190

=>x=8190×10022.5= Rs.36400

upendra
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