SSC
Government Jobs Exams
Numerical Ability
Simple & Compound Interest
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is
Rs 1650
Rs 1750
Rs 1850
Rs 1950
Read Solution (Total 1)
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- let sum 4 simple interest = y
y*3*8/100 = 1/2 [4000(1+ 10/100)^2 - 4000]
= 1/2 * 4000 [121/100 - 1]
= 2000* 21/100
y=1750 - 7 years agoHelpfull: Yes(0) No(0)
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