Vishwanath
Friday, February 15, 2013
40. | A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
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|
Answer: Option C
Explanation:
S.I. for 3 years = Rs. (12005 - 9800) = Rs. 2205.
S.I. for 5 years = Rs. |
| 2205 | x 5 |
| = Rs. 3675 |
3 |
Principal = Rs. (9800 - 3675) = Rs. 6125.
Hence, rate = |
| 100 x 3675 | % | = 12% |
6125 x 5
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Title : Simple Interest Q40
Description : 40. A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest p...
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