1. A sum of Rs.7,800 invested under simple interest at rate of 11% p.a. If the amount after 5 years is been withdrawn and half of the total amount is been invested in Share market. Find the remaining amount. (in RS)
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By: anil on 05 May 2019 01.12 am
Principal sum = Rs. 7800 Rate of interest = 11% and time period = 5 years Simple interest = $$frac{P imes R imes T}{100}$$ = $$frac{7800 imes11 imes5}{100}=Rs.$$ $$4290$$ Thus, total amount after 5 years = $$Rs.$$ $$(7800+4290)=Rs.$$ $$12,090$$ $$ herefore$$ Remaining amount after half of the total amount is been invested in Share market = $$frac{12090}{2}=Rs.$$ $$6045$$ => Ans - (B)
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