Multiple Choice Questions on Ram borrows Rupees 520 from Govind at a simple interest of 13 per annum What amount of money should ........... for Study NOtes Preparation

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Multiple Choice Questions

Ram borrows Rupees 520 from Govind at a simple interest of 13 per annum What amount of money should ...........

Quantitative Aptitiude (CLAT) Simple Interest
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    Ram borrows Rupees 520 from Govind at a simple interest of 13% per annum. What amount of money should Ram pay to Govind after six months to be absolved of the debt? Rupees

    552.80

    Incorrect Answer

    553.80

    Correct Answer

    453.80

    Incorrect Answer

    353.80

    Incorrect Answer
    Explanation:

    S.I=(520*13*1)/(100*2)
    = 33.80 ,
    So Amount = 520+33.80
    = Rs. 553.80
    Hence, option 2 is the correct answer.

    By: Amit Kumar
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