Multiple Choice Questions on How much time will it take for an amount of Rs 900 to yield Rs 81 as interest at 4 5 per annum of si........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

How much time will it take for an amount of Rs 900 to yield Rs 81 as interest at 4 5 per annum of si...........

Quantitative Aptitude ( CCS) Simple Interest
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    How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

    2 yrs

    Correct Answer

    5 yrs

    Incorrect Answer

    8 yrs

    Incorrect Answer

    None of these

    Incorrect Answer
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    Explanation:

    P = Rs.900
    SI = Rs.81
    T = ?
    R = 4.5%
    T= 100 × SI /PR

    =100 × 81 /900 × 4.5 = 2 years

    Hence, option 1 is the correct answer.

    By: Amit Kumar
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