Home
Class 14
MATHS
Ms. Revathi borrowed Rs. 600 at 6% per a...

Ms. Revathi borrowed Rs. 600 at 6% per annum simple interest. What amount (in rupees) will she pay to clear her debt after 4 years?

A

700

B

150

C

744

D

144

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem of how much Ms. Revathi will pay to clear her debt after 4 years, we can follow these steps: ### Step 1: Identify the given values - Principal (P) = Rs. 600 - Rate of interest (R) = 6% per annum - Time (T) = 4 years ### Step 2: Calculate the Simple Interest (SI) The formula for calculating Simple Interest is: \[ SI = \frac{P \times R \times T}{100} \] Substituting the values into the formula: \[ SI = \frac{600 \times 6 \times 4}{100} \] ### Step 3: Simplify the calculation First, multiply the numbers in the numerator: \[ 600 \times 6 = 3600 \] Then multiply by 4: \[ 3600 \times 4 = 14400 \] Now divide by 100: \[ SI = \frac{14400}{100} = 144 \] ### Step 4: Calculate the Total Amount to be paid The total amount (A) to be paid after 4 years is the sum of the principal and the interest: \[ A = P + SI \] Substituting the values: \[ A = 600 + 144 = 744 \] ### Conclusion Ms. Revathi will pay Rs. 744 to clear her debt after 4 years. ---
Promotional Banner

Similar Questions

Explore conceptually related problems

Deksha borrowed Rs. 500 at 5% per annum simple interest. 'What amount (in rupees) will she pay to clear her debt after 4 years?

Ms Ayesha borrowed Rs 1000 at 5% per annum simple interest. What amount (in rupees) will she pay to clear her debt after 4 years?

MsAyesha borrowed Rs 1000 at 5% per annum simple interest. What amount (in rupees) will she pay to dear her debt after 4 years?

Ms. Sushmita borrowed Rs.900 at 6% per annum simple interest. What amount will she pay to clear her debt after 4 yr?

Ms. Alina borrowed Rs. 650 at 6% per annum simple interest. What amount will she pay to clear her debt after 4 years? A. Rs. 165 B. Rs. 860 C. Rs. 806 D. Rs. 156

Ms. Kavitha basowed Rs 950 at 6% per annum simple interest. What amount will she pay to dear her debatter 4 years?

R borrowed Rs. 1,200 at 13% per annum simple interest . What amount will R pay to clear the debt after 5 years ? A . Rs. 1,800 B. Rs. 1,880 C. Rs. 1,980 D. Rs. 2,000

Raju borrowed Rs. 3500 from Giri at 10% per annum, under simple interest. After 2 years when Raju wanted to clear the debt, Giri insisted him to pay the amount at compound interest. What is the difference in the amounts between the two ?