Exams.RecruitmentIndia.in

A Learning Portal from Recruitment India

  • Home
  • Questions
    • Aptitude Questions
    • English Questions
    • Technical Questions
    • HR Interview Questions
    • Reasoning Questions
    • GK Questions
    • Current Affairs
    • Entrance Exams
  • IT Jobs By Location
    • Ahmedabad
    • Bangalore
    • Chandigarh
    • Chennai
    • Coimbatore
    • Delhi
    • Gurgaon
    • Hyderabad
    • Kolkata
    • Lucknow
    • Mumbai
    • Noida
    • Pune
    • Vizag
    • Vijaywada
  • Govt Jobs Portal
  • Online Tests Portal
  • Contact Us
New
Latest Private Jobs 2020 || Today Walkins || Latest Central Govt Jobs
New Recruitment India Job Notifications & Preparation Portal App || RecruitmentIndia Online Mock tests app
You are here: Home / Question and Answers
[wpseo_breadcrumb]

What principal will amount to Rs? 16000 in 6 years at 10% simple interest?

A. 
B. 

C. 
D. 

Answer
Workspace
Report
Discuss

Answer with explanation

Answer: Option A

Explanation

Let the principal be Rs. p,
Rate of interest is 10% and
time = 6 years.
Amount received at the end of 6 years = 16000 Rs.
Amount = Principal + S.I
= p + (p * n * r)/100

—> 16000 = p + (p x 10 x 6) / 100
—> 16000 = p + (6p/10)
—> 16000 = 16p/10
—> p = 16000 x (10/16)
—> p = 1000 x 10
—> p = 10,000 Rs.
Principal = Rs. 10,000.

Workspace

Discuss about the question Cancel reply

Search

State Wise Govt Jobs

  • Andhra Pradesh Govt Jobs
  • Arunachal Pradesh Govt Jobs
  • Assam Govt Jobs
  • Bihar Govt Jobs
  • Chattishgarh Govt Jobs
  • Goa Govt Jobs
  • Gujarat Govt Jobs
  • Haryana Govt Jobs
  • Himachal Pradesh Govt Jobs
  • Jammu and Kashmir Govt Jobs
  • Jharkhand Govt Jobs
  • Karnataka Govt Jobs
  • Kerala Govt Jobs
  • Madhya Pradesh Govt Jobs
  • Maharashtra Govt Jobs
  • Tripura Govt Jobs
  • Uttar Pradesh Govt Jobs
  • Uttarakhand Govt Jobs
  • Manipur Govt Jobs
  • Meghalaya Govt Jobs
  • Mizoram Govt Jobs
  • Nagaland Govt Jobs
  • Odisha Govt Jobs
  • Punjab Govt Jobs
  • Rajasthan Govt Jobs
  • Sikkim Govt Jobs
  • Tamilnadu Govt Jobs
  • Telangana Govt Jobs
  • West Bengal Govt Jobs

Advertisement

Useful Links

  • About Us
  • Privacy Policy
  • Disclaimer Policy
  • Contact Us

Our Android Applications

  • Preparation & Job Updates App
  • Download Online Mock Tests App

Copyright © 2016 -2020 Exams Recruitment India || Product from Recruitment India Made with ❤ in India.