Multiple Choice Questions on A lent Rs 8000 to B for 2 years and Rs 6000 to C for 4 years on simple interest at the same rate of ........... for Civil Services Exam (CSAT) Preparation

Back to Main Page

Multiple Choice Questions

A lent Rs 8000 to B for 2 years and Rs 6000 to C for 4 years on simple interest at the same rate of ...........

Math and Mental Ability Compound Interest
    Download Solution PDF

    A lent Rs. 8000 to B for 2 years and Rs 6000 to C for 4 years on simple interest at the same rate of interest and received Rs 1840 in all from both of them as interest. The rate of interest per annum is

    4.6%

    Correct Answer

    8.4%

    Incorrect Answer

    6.3%

    Incorrect Answer

    10%

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Compound Interest
    Prepare through Micro-courses
    Try Now
    Explanation:

    Solution:
    rate of interest be r%
    Then
    8000*2*R/100 + 6000*4*R/100 = 1840
    160R+240R = 1840
    400R = 1840
    R = 4.6 % p.a 

    Let's Discuss

    Master
    Compound Interest
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free

    Search on abhipedia