Multiple choice

The sum which amounts to Rs. 364.80 in 8 years at 3.5% simple interest per annum is- 8 वर्षों में 3.5% प्रतिवर्ष साधारण ब्याज की दर से जो रकम 364.80 रू. बन जाती है, वह राशि है-

  1. Rs. 285

  2. Rs. 280

  3. Rs. 275

  4. Rs. 270
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A Correct answer
Explanation

Using simple interest formula: A = P(1 + rt). Given A = 364.80, r = 0.035, t = 8. So 364.80 = P(1 + 0.035 × 8) = P(1.28). Therefore P = 364.80 / 1.28 = 285. Verification: Interest = 285 × 0.035 × 8 = 79.80, Amount = 285 + 79.80 = 364.80.

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