Multiple Choice Questions on An amount of Rs 800 becomes Rs 848 in 6 years at a certain rate of simple interest If the rate ........... for CDS Exam Preparation

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Multiple Choice Questions

An amount of Rs 800 becomes Rs 848 in 6 years at a certain rate of simple interest If the rate ...........

Quantitative Aptitude (CDS) Simple Interest
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    An amount of Rs.  800 becomes Rs. 848 in 6 years at a certain rate of simple interest, If the rate of interest increases by 8%, what amount will Rs. 800 become in 2 years?

      

    Rs.992
      

    Correct Answer

    Rs.892 
     

    Incorrect Answer

     Rs.980
      

    Incorrect Answer

    Rs.800

    Incorrect Answer
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    Explanation:

    SI = 848–800 = ????.48 

         R = (48 × 100) /(400×3) =4% 

      New rate =4 + 8 = 12%

     SI = (800 × 12 × 2)/100 =Rs.192

       Amount = 800 +192 = Rs.992 

    By: bhavesh kumar singh
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