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10th Class Mathematics Related to Competitive Exam Question Bank Commercial Mathematics

  • question_answer
    A person borrowed Rs. 1500 at the rate of 5% per annum S.I. What amount will he pay to clear the debt after 4 years?

    A)  Rs. 2000              

    B)  Rs. 1880

    C)  Rs. 1800          

    D)         Rs. 1600

    Correct Answer: C

    Solution :

     Amount \[=Rs.\left( 1500+\frac{1500\times 5\times 4}{100} \right)\]\[=Rs.\,1800\]


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