Multiple Choice Questions on In how many years Rs 200 will produce the same interest 5 as Rs 900 produce in 2 years 3 f........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

In how many years Rs 200 will produce the same interest 5 as Rs 900 produce in 2 years 3 f...........

Quant (SSC) Simple Interest
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    In how many years, Rs. 200 will produce the same interest  5 % as Rs. 900 produce in 2 years  3 ½ %  ?

    5.2 yrs

    Incorrect Answer

    7 yrs

    Incorrect Answer

    7.9 yrs

    Incorrect Answer

    6.3 yrs

    Correct Answer
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    Explanation:

    P = Rs. 900, R = 3 ½ % = 7/2 %, T = 2 years. 
    Therefore, 
    S.I. = PTR/100
    S.I. = Rs. (900 x 7/2 x 2/100) = Rs. 63
    Now, P = Rs. 200, S.I. = Rs. 63, R = 5 %
    Time = ((100 x 63) / (200 x 5) ) years = 6.3 years.

    By: MIRZA SADDAM HUSSAIN
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