# a user paid rs. 9600 as interest on a borrowed sum he took 5 years ago at 16% rate half-yearly of simple interest. what was the amount he borrowed?

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## [Solved] A man invested Rs. 9600 to a post office scheme at 12.5% int

Given: Principal (P) = Rs. 9600 Interest (R) = 12.5% Time (T) = 9 month = 9/12 = 3/4 years Concept Used: If R% be the rate of simple interest then after T

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## Question

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## A man invested Rs. 9600 to a post office scheme at 12.5% interest per annum at simple interest. But for a certain reason, he withdraws the whole money after 9 months. What total interest did he get at the time of withdraw?

652 756 900 936

## Answer (Detailed Solution Below)

Option 3 : 900 Crack SSC with

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## Detailed Solution

Download Solution PDF

**Given:**

Principal (P) = Rs. 9600

Interest (R) = 12.5%

Time (T) = 9 month = 9/12 = 3/4 years

**Concept Used:**

If R% be the rate of simple interest then after T years the interest on principal P will be PRT/100

**Calculation:**

Simple interest at the end of 9 months = {9600 × (3/4) × 12.5}/100

⇒ 900

**∴ He got Rs. 900 as interest at the time of withdrawing.**

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## Anil borrowed a sum of Rs. 9600 to install a handpump in his diary. If the rate of interest is 5 12% per annum compounded annually, determine the compound interest (correct up to two decimal places) which Anil will have to pay after 3 years.

Click here👆to get an answer to your question ✍️ Anil borrowed a sum of Rs. 9600 to install a handpump in his diary. If the rate of interest is 5 12% per annum compounded annually, determine the compound interest (correct up to two decimal places) which Anil will have to pay after 3 years.

Anil borrowed a sum of Rs 9600 to install a handpump in his dairy. If the rate of interest is 5Question 2 1

% per annum compounded annually, determine the compound interest (correct upto two decimal places) which Anil will have to pay after 3 years.

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Updated on : 2022-09-05

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Correct option is A)

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## Simple Interest

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