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Padmini borrowed a certain amount for 5 years at the simple interest rate of 10% per annum. If the total amount to be paid after 5 years is ₹24,000, then find the principal amount.
₹15,800
₹16,000
₹18,000
₹17,400 Question ID : 4410091257323 Option 1 ID : 4410094962142 Option 2 ID : 4410094962144 Option 3 ID : 4410094962145 Option 4 ID : 4410094962143 Status : Answered Chosen Option : B
₹16,000
Practice and solve "Padmini borrowed a certain amount for 5 years at the simple interest rate of 10% per annum. If the t..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: ₹16,000. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "Padmini borrowed a certain amount for 5 years at the simple interest rate of 10% per annum. If the t..." for Mathematics - Previous Year Paper 2026. The correct answer is Option B: ₹16,000. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.