Multiple Choice Questions on Arav fixes the rate of interest 5 per annum for first 3 years and for the next 4 years 6 percent per........... for Mathematics - All Exams Preparation

Back to Main Page

Multiple Choice Questions

Arav fixes the rate of interest 5 per annum for first 3 years and for the next 4 years 6 percent per...........

Quantitative Aptitude ( CCS) Simple Interest
    Download Solution PDF

    Arav fixes the rate of interest 5% per annum for first 3 years and for the next 4 years 6 percent per annum and for the period beyond 7 years, 7 percent per annum. If Mr. Kumar lent out Rs.2500 for 11 years, find the total interest earned by him?

    1650

    Incorrect Answer

    1565

    Incorrect Answer

    1840

    Incorrect Answer

    1675

    Correct Answer
    छोटे Courses बड़े Results
    Master Simple Interest
    Prepare through Micro-courses
    Try Now
    Explanation:

    Solution:
    5% for 3 years = 15%
    6% for 4 years = 24%
    7% for 4 years = 28%
    67% of 2500 = 1675

    By: Pranav Gupta
    ProfileResources

    Let's Discuss

    Master
    Simple Interest
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free