Quantitative Aptitude :: Simple Interest - Discussion
Home > Quantitative Aptitude > Simple Interest > MCQs Questions Discussion
10 / 27
Choose the correct option.
A sum at simple interest at 13 1/2% per annum amounts to RS 2502.50 after 4 years. Find the sum.
ARs. 1425
BRs. 1225
CRs. 1625
DRs. 1565
Answer: Option (Login/Signup)
Show Explanation
Asked In ::
STEP-BY-STEP
S. I=P*R*T/100
=(P*27/2*4/)/100
=(P*27*4)/2*100
=P*27*2/100
=54P/100
A=P+S. I
2502.50=P+54P/100
2502.50=100P+54P/100
2502.50=154P/100
2502.50*100=154P
P=250250/154
P=1625
Therefore the sum is 1625
Read Full Answer
Report Error
Please Login First Click Here