a)₹ 6624
b) ₹ 6224
c) ₹ 6264
d) ₹ 6262
correct answer is: c) ₹ 6264
Explanation
Here,
Principal KaTeX parse error: KaTeX doesn't work in quirks mode.
Rate of interest KaTeX parse error: KaTeX doesn't work in quirks mode. per annum
Time KaTeX parse error: KaTeX doesn't work in quirks mode. years KaTeX parse error: KaTeX doesn't work in quirks mode. months or KaTeX parse error: KaTeX doesn't work in quirks mode. or KaTeX parse error: KaTeX doesn't work in quirks mode. years.
We know, SI KaTeX parse error: KaTeX doesn't work in quirks mode.
KaTeX parse error: KaTeX doesn't work in quirks mode. SI KaTeX parse error: KaTeX doesn't work in quirks mode.
KaTeX parse error: KaTeX doesn't work in quirks mode. SI KaTeX parse error: KaTeX doesn't work in quirks mode.
We also know,
Amount = (Principal + SI)
KaTeX parse error: KaTeX doesn't work in quirks mode. Amount KaTeX parse error: KaTeX doesn't work in quirks mode.
KaTeX parse error: KaTeX doesn't work in quirks mode. ₹6264
KaTeX parse error: KaTeX doesn't work in quirks mode. KaTeX parse error: KaTeX doesn't work in quirks mode. will clear off Shanta debt.
Ans: KaTeX parse error: KaTeX doesn't work in quirks mode. will clear off Shanta debt.