Multiple choice

If the amount repaid is Rs. $450$ and the principal is Rs. $415$, then interest is equal to

  1. Rs. $25$
  2. Rs. $35$
  3. Rs.$ 45$
  4. Rs. $50$
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Interest is calculated as the amount repaid minus the principal. Here, 450 - 415 = 35.

AI explanation

The relationship between amount, principal, and interest is given by the formula Interest equals Amount minus Principal. Subtracting the values gives 450 minus 415, which equals Rs. 35.

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