Mark ( ) against the correct answer in the following: In what tim… - Vidyadip

MCQ

Mark $(\checkmark)$ against the correct answer in the following:
In what time will Rs. $6000$ amount to Rs. $6360$ at $8\%$ interest per annum simple interest?

✓
$9\text{ months}$
B
$\text{8 months}$
C
$1\frac14\text{ years}$
D
$1\frac12\text{ years}$

✓

Answer

Correct option: A.

$9\text{ months}$

$P = Rs. 6000$
$A = Rs. 6360$
$S.I. = A - P = 6300 - 6000$
$= Rs. 360$
$$$\text{T}=\frac{\text{S.I.}\times100}{\text{P}\times\text{T}}=\frac{360\times100}{6000\times8}$
$=\frac68\text{ years}$
$=\frac67\times12\text{ months}$
$=\frac{72}{8}$
$=9\text{ months}$

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