Multiple Choice Questions on If the difference between C I and S I at 20 rate of interest lsquo is 480 Then find the principal am........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

If the difference between C I and S I at 20 rate of interest lsquo is 480 Then find the principal am...........

Quantitative Aptitude ( CCS) Compound Interest
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    If the difference between C.I and S.I at 20% rate of interest ‘is 480. Then find the principal amount?

    3600

    Incorrect Answer

    3750

    Correct Answer

    4000

    Incorrect Answer

    4750

    Incorrect Answer
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    Explanation:

    20% =1/5……….(5)T………=(5)3= 125=principal
    In 3yrs difference will always come
    3A + 1 = (3*5)+1 =16
    16 = 480
    1 =30
    125 =3750

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