Multiple choice

Suma deposited 25000 rupees in a bank at 6% interest annually what is the amount of interest aft er one year? how much will she get back after one year?

  1. 1500, 26500

  2. 1000, 26000

  3. 1800, 26800

  4. None of these

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

Interest for one year is 25000 x 6/100 = 1500 rupees. The total amount received is 25000 + 1500 = 26500 rupees, so option A is correct.

AI explanation

Using the Simple Interest formula of (Principal x Rate x Time) divided by 100, the interest equals (25000 x 6 x 1) divided by 100, which is Rs. 1500. To find the total amount to be received after one year, add this interest to the principal to get 25000 + 1500 = Rs. 26500.