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 ?

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BANK PO Exam (SBI) 2008 click here to view all questions

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: $\begin{array}{rl}& \text{S}\text{.I}\text{.}=\text{Rs}\text{.8376}\\ & \text{R}=8\mathrm{\%}\\ & \text{T}=\text{6}\text{years}.\\ & \therefore \text{Sum}=\\ & \text{Rs}\text{.}\left(\frac{100\times 8376}{8\times 6}\right)\\ & =\text{Rs}\text{. }17450\end{array}$ upendra ? answered undefined All Comments

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