Rs. $6{,}000$ is borrowed at $9\%$ simple interest. The total amount payable after $4$ years is

Rs. $6{,}000$ is borrowed at $9\%$ simple interest. The total amount payable after $4$ years is
  1. Rs. $7{,}800$
  2. Rs. $8{,}160$
  3. Rs. $8{,}400$
  4. Rs. $9{,}000$

Solution

SI $= \dfrac{6000 \cdot 9 \cdot 4}{100} = 2160$. Amount $= 6000 + 2160 = 8160$.

Asked in: NSO

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