Veena obtained an amount of Rs. 8,376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. What is the amount invested by Veena ?
Veena obtained an amount of Rs. 8,376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. What is the amount invested by Veena ?
ARs.17,180
BRs. 18,110
CRs. 16,660
DRs. 17,450
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Correct answer is: Rs. 17,450
Explanation:
\(\eqalign{ & {\text{S}}{\text{.I}}{\text{.}} = {\text{Rs}}{\text{.8376}} \cr & {\text{R}} = 8\% \cr & {\text{T}} = {\text{6}}\,{\text{years}}. \cr & \therefore {\text{Sum}} = \cr & {\text{Rs}}{\text{.}}\left( {\frac{{100 \times 8376}}{{8 \times 6}}} \right) \cr & = {\text{Rs}}{\text{. }}17450 \cr}\)
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