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8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    The sum of money that will produce Rs. 1770 as simple interest in 15 years as 8% at per annum is

    A) Rs. 2950        

    B)                      Rs. 3120

    C) Rs. 2800        

    D)                      Rs. 3200

    Correct Answer: A

    Solution :

         \[P=\frac{S.I\times 100}{R\times T}\,=\frac{1770\times 100}{15\times 8}\] P = Rs. 2950


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