Question : A sum of money at simple interest amounts to INR 212 in 2 years and to INR 224 in 4 years. The sum is:
Option 1: INR 400
Option 2: INR 200
Option 3: INR 100
Option 4: INR 500
New: SSC MTS 2024 Application Form OUT; Direct Link
Don't Miss: Month-wise Current Affairs | Upcoming Government Exams
New: Unlock 10% OFF on PTE Academic. Use Code: 'C360SPL10'
Correct Answer: INR 200
Solution : Amount for 2 years = INR 212 Amount for 4 years = INR 224 Simple interest = Amount – Principal Simple interest for two years = 224 – 212 = INR 12 Principal sum = 212 – 12 = INR 200 Hence, the correct answer is INR 200.
Application | Cutoff | Selection Process | Preparation Tips | Eligibility | Exam Pattern | Admit Card
Question : A sum of money at simple interest amounts to INR 800 in 3 years and to INR 900 in 4 years. The sum is:
Question : A sum of money, invested at a certain rate of simple interest per annum, amounts to INR 720 in 4 years and to INR 800 in 5 years. The sum invested is:
Question : A sum of money at simple interest amounts to INR 610 in 3 years and to INR 650 in 4 years. The sum is:
Question : A sum of Rs. 500 becomes Rs. 580 at simple interest in 2 years. In how many years will the sum of Rs. 650 amounts to Rs. 858 at the same rate of simple interest?
Question : The simple interest on a certain sum of money for 2 years at 7% per annum is double the compound interest on INR 1,000 for 2 years at 10% per annum, compounded annually. What is the sum placed on simple interest?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile