NCERT Exemplar Solutions
Class 7 - Mathematics - Unit 7: Comparing Quantities - Multiple Choice Questions
Question 21

Question.  21

The sum which will earn a simple interest of ₹ 126 in 2 years at 14% per annum is

(a)

(a) ₹ 394

(b)

(b) ₹ 395

(c)

(c) ₹ 450

(d)

(d) ₹ 540

Detailed Answer with Explanation:

SI = \(\dfrac{P \times R \times T}{100}\). \(126 = P \times 14 \times 2 / 100\). \(P = 12600 / 28 = 450\).