Multiple Choice Questions on What sum of money will produce an interest of Rs 80 in 5 years at the rate of 5 per annum ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

What sum of money will produce an interest of Rs 80 in 5 years at the rate of 5 per annum ........

Quantitative Aptitude ( CCS) Simple Interest
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    What sum of money will produce an interest of Rs. 80 in 5 years at the rate of 5% per annum?

    Rs. 320

    Correct Answer

    Rs. 328

    Incorrect Answer

    Rs. 420

    Incorrect Answer

    Rs. 500

    Incorrect Answer
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    Explanation:

    P x 5 x 5 /100 = 80

    P = 80 x 100 /5 x 5 

    P = 320

    Hence, option 1 is the correct answer.

    By: Amit Kumar
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    Let's Discuss

    kajal singh

    Both options A and B are the same Rs. 320

    0 0 reply

    sunny bhonsle

    corrected kindly check.

     0 0 reply
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