Multiple Choice Questions on The principal that will yield Rs 60 as simple interest at 6 per annum in 5 years is ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

The principal that will yield Rs 60 as simple interest at 6 per annum in 5 years is ........

Quantitative Aptitude ( CCS) Simple Interest
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    The principal that will yield Rs. 60 as simple interest at 6% per annum in 5 years is

    Rs. 175

    Incorrect Answer

    Rs. 350

    Incorrect Answer

    Rs. 200

    Correct Answer

    None of these

    Incorrect Answer
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    Explanation:

    According to question,
    60 = P×6×5/100
    60 × 100/6×5 = P
    P=200

    Hence, option 3 is the correct answer.

    By: Amit Kumar
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