Vishwanath
Friday, February 15, 2013
6. Find the simple interest on Rs. 68,000 at 16 2/3 % per annum for 9 months.
A.200 B.400
C.600 D.800
Answer:
Let sum = P and original rate = R. Then,
[P * (R+2) * 3 / 100] - [P * R * 3 / 100] = 360
⇔ 7x/20 - 3x/10 = 40 ⇔ x = (40 * 20) = 800.
Hence, the sum is Rs. 800.
Title : Simple Interest Q6
Description : 6. Find the simple interest on Rs. 68,000 at 16 2/3 % per annum for 9 months. A.200 B.400 C.600 ...
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