Home
Class 14
MATHS
At simple interest Gaurav borrows Rs. 1,...

At simple interest Gaurav borrows Rs. 1,500 from Sandeep at the rate of 14% per annum. What amount of money should Gaurav pay to Sandeep after 1 year to clear the debt ?

A

Rs. 1,700

B

Rs. 1,710

C

Rs. 1,705

D

Rs. 1,715

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Similar Questions

Explore conceptually related problems

Ram borrows Rs 520 from Gaurav at a simple interest of 13% per annum.What amount of money should Ram pay to Gaurav after 6 months to be absolved of the debt? (a) Rs 353.80 (b) 453.80 (c) 552.80 (d) 553.80

The simple interest on a certain sum of for two years is Rs 1000 at the rate 10% per annum. What is the amount after these two years?

The interest on Rs 1,250 for 15 years at the rate of 1.6% simple interest per annum will be: