Multiple choice

If the compound interest on a certain sum for 2 years at 9% per annum is Rs. 282.15, then the simple interest on the same sum at the same rate and for the same time will be: यदि एक निश्चित धनराशि पर 9% वार्षिक ब्याज की दर से 2 वर्ष का चक्रवृद्धि ब्याज 282.15 रू. है तो उसी धनराशि पर समान समयावधि और समान ब्याज की दर से साधारण ब्याज होगा-

  1. Rs. 240

  2. Rs. 250

  3. Rs. 260

  4. Rs. 270

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

CI for 2 years at 9% is P[(1 + 0.09)^2 - 1] = P × 0.1881 = 282.15, so P = 1500. SI = P × R × T / 100 = 1500 × 9 × 2 / 100 = 270. This tests the relationship between compound and simple interest formulas.