Sohan has borrowed Rs. 5000 at the rate of 6% S.I. what amount he needs to pay after 3 years to clear the debt?

QuestionSohan has borrowed Rs. 5000 at the rate of 6% S.I. what amount he needs to pay after 3 years to clear the debt?
Typemultiple_choice
OptionRs. 5500incorrect
OptionRs. 5900correct
OptionRs. 6100incorrect
OptionRs. 6300incorrect
Solution

Principal = Rs. 5000

Rate of interest= 6%

Time period = 3 years

We will be happy to hear your thoughts

Leave a reply

Gkseries.com
Logo
Register New Account