Multiple Choice Questions on If a principal becomes amount of rs14500 at 14 2 7 rate of interest in 3years at simple interest Fin........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

If a principal becomes amount of rs14500 at 14 2 7 rate of interest in 3years at simple interest Fin...........

Quantitative Aptitude ( CCS) Compound Interest
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    If a principal becomes amount of rs14500 at 14(2/7)% rate of interest in 3years at simple interest. Find the S.I on principal?

    Rs4250

    Incorrect Answer

    Rs4300

    Incorrect Answer

    Rs4400

    Incorrect Answer

    Rs4350

    Correct Answer
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    Explanation:

    Solution:
    R = 14(2/7)% = 1/7
    S.I remains same in all years so…
    (P)7 + 1+1+1= 10(A)
    10-7 = 3S.I
    10 =14500
    1=1450
    3=4350

    By: Pranav Gupta
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