Multiple Choice Questions on A sum at simple interest at 13 1 2 per annum amounts to Rs 2502 50 after 4 years Find the sum ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

A sum at simple interest at 13 1 2 per annum amounts to Rs 2502 50 after 4 years Find the sum ........

Quant (SSC) Simple Interest
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    A sum at simple interest at 13 1/2% per annum amounts to Rs. 2502.50 after 4 years. Find the sum

    Rs.1625

    Correct Answer

    Rs1525

    Incorrect Answer

    Rs.1425

    Incorrect Answer

    Rs.1325

    Incorrect Answer
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    Explanation:

    Let sum be Rs.x then, S.I. =Rs. [ x * (27/2) * 4 * (1/100) ] = Rs. 27x/50 
    Amount =Rs [ x + (27x/50)] = Rs.77x/50 
    => 77X/50 = 2502.50  
    =>X= (2502.50 * 50)/77 = 1625 
    Hence Sum = Rs.1625

    By: MIRZA SADDAM HUSSAIN
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