1. A sum of Rs.6800 invested under simple interest at rate of 8% p.a. If the amount after 5 years is been withdrawn and half of the total amount is been invested in Share market.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 01.13 am
Principal sum = Rs. 6800 Rate of interest = 8% and time period = 5 years Simple interest = $$frac{P imes R imes T}{100}$$ = $$frac{6800 imes8 imes5}{100}=Rs.$$ $$2720$$ Thus, total amount after 5 years = $$Rs.$$ $$(6800+2720)=Rs.$$ $$9,520$$ $$ herefore$$ Remaining amount after half of the total amount is been invested in Share market = $$frac{9520}{2}=Rs.$$ $$4,760$$ => Ans - (C)
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