NCERT Exemplar Solutions
Class 7 - Mathematics - Unit 7: Comparing Quantities - Multiple Choice QuestionsQuestion 15
Class 7 - Mathematics - Unit 7: Comparing Quantities - Multiple Choice Questions
Question. 15
Amount received on ₹ 3000 for 2 years at the rate of 11% per annum is
(a)
(a) ₹ 2340
(b)
(b) ₹ 3660
(c)
(c) ₹ 4320
(d)
(d) ₹ 3330
Detailed Answer with Explanation:
SI = \(\dfrac{3000 \times 11 \times 2}{100} = 660\). Amount = \(3000 + 660 = 3660\).