The amount of 5600 rupees was invested on simple interest at the rate of 8% per annum. If after 5 years the amount is withdrawn and half the amount of the total amount is invested in the market. Find…

Question

The amount of 5600 rupees was invested on simple interest at the rate of 8% per annum. If after 5 years the amount is withdrawn and half the amount of the total amount is invested in the market. Find out the balance. (In rupees)

PYQPulse · Accepted Answer

3920

PYQPulse · Answer

Explanation: P = Rs. 5,600, r = 8% and t = 5 years. As we know, SI = (Prt/100) SI = (5600 × 8 × 5)/100 . SI = Rs. 2240 Total amount = 5600 + 2240 = Rs. 7840 Remaining amount = 7840/2 = Rs. 3920 a . ix

The amount of 5600 rupees was invested on simple interest at the rate of 8% per annum. If after 5 years the amount is withdrawn and half the amount of the total amount is invested in the market. Find out the balance. (In rupees)

Answer: B. 3920

Explanation

The amount of 5600 rupees was invested on simple interest at the rate of 8% per annum. If after 5 years the amount is withdrawn and half the amount of the total amount is invested in the market. Find out the balance. (In rupees)

Answer: B. 3920

Explanation