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5th Class Mathematics Arithmetic Question Bank Arithmetic

  • question_answer
    A sum of Rs. 4000 is lent for 5 years at the rate of 15 % simple interest per annum. Find the interest  

    A)  Rs. 3000                      

    B)  Rs. 4000

    C)  Rs. 5000                      

    D)  Rs. 6000

    Correct Answer: A

    Solution :

     \[P=Rs.\,\,4000,\,\,R=15%,\,\,T=5\,\,years\] \[\therefore \]\[I=\frac{PRT}{100}=Rs.\left( \frac{4000\times 15\times 5}{100} \right)\] \[=Rs(40\times 15\times 5)=3000\]


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