Multiple Choice Questions on A sum of money at simple interest amounts to Rs 415 in 2 years and to Rs 514 in 4 years The sum is ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

A sum of money at simple interest amounts to Rs 415 in 2 years and to Rs 514 in 4 years The sum is ........

Quant (SSC) Simple Interest
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    A sum of money at simple interest amounts to Rs. 415 in 2 years and to Rs. 514 in 4 years. The sum is ?

    Rs. 316

    Correct Answer

    Rs. 251

    Incorrect Answer

    Rs. 154

    Incorrect Answer

    Rs. 294

    Incorrect Answer
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    Explanation:

    S.I. for 2 years = (514 - 415) = Rs. 99
    S.I. for 1 year = 99/2
    Principal = (415 - 99) = Rs. 316.

    By: MIRZA SADDAM HUSSAIN
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