Veena obtained an amount of Rs. 8376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. what is the amount invested by veena?

A. Rs. 16660

B. Rs. 17180

C. Rs. 17450

D. Rs. 18110

E. None of these

Answer: Option C

Solution(By Examveda Team)

$$\eqalign{ & {\text{S}}{\text{.I}}{\text{.}} = {\text{Rs}}{\text{.}}\,{\text{8376}} \cr & {\text{R}} = 8\% \cr & {\text{T}} = {\text{6}}{\kern 1pt} {\text{years}} \cr & \therefore {\text{Sum}} = {\text{Rs}}{\text{.}}\left( {\frac{{100 \times 8376}}{{8 \times 6}}} \right) \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = {\text{Rs}}{\text{. }}17450 \cr} $$