Multiple choice

Which amount will become Rs.575 in 3 years at 5% rate of interest? कितने रूपये 5% की दर से 3 वर्ष में 575 रूपये बन जायेंगे ?

  1. 400

  2. 500

  3. 600

  4. 700
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Simple Interest: Amount = Principal(1 + rt). 575 = P(1 + 0.05×3) = P(1.15). So P = 575/1.15 = 500. Option B is correct. Options A, C, D don't satisfy the SI formula for the given rate and time.

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