1
Q:
A) Rs.1251 | B) Rs.1261 |
C) Rs.1271 | D) Rs,1281 |
Answer: B) Rs.1261
Explanation:
Explanation:
Clearly, Rate = 5% p.a .,
Time = 3 years
S.I =Rs.1200.
So,Principal
=Rs.(100 x 1200/3x5)
=Rs.8000.
Amount
=Rs.[8000 x (1+5/100)³]
=Rs(8000x21/20x21/20x21/20)
= Rs.9261
C.I
=Rs.(9261-8000)
=Rs.1261.