Multiple Choice Questions on In how many years will Rs 12680 amounts to Rs 35504 at a simple interest of 15 per annum ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

In how many years will Rs 12680 amounts to Rs 35504 at a simple interest of 15 per annum ........

Quant (SSC) Simple Interest
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    In how many years will Rs.12680 amounts to Rs. 35504 at a simple interest of 15% per annum?

    15 years

    Incorrect Answer

    13 years

    Incorrect Answer

    12 years

    Correct Answer

    11 years

    Incorrect Answer
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    Explanation:

    S.I. = 35504 – 12680 = Rs. 22824
    ∴ SI = P × R × T /100
    ∴  22824 = 12680 × 15 × T /100
    ∴   T = 12 years

    By: Amit Kumar
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