Multiple Choice Questions on Pinky invested an amount of Rs 24500 at the rate of 9 per annum After how many years will she get a ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Pinky invested an amount of Rs 24500 at the rate of 9 per annum After how many years will she get a ...........

Quant (SSC) Simple Interest
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    Pinky invested an amount of Rs. 24500 at the rate of 9% per annum. After how many years will she get a simple interest of Rs. 37485 ?

    13 years

    Incorrect Answer

    15 years

    Incorrect Answer

    17 years

    Correct Answer

    19 years

    Incorrect Answer
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    Explanation:

    SI = ? 37485;
    P = ? 24500;
    R = 9% per annum; T = ?
    T = SI × 100 /P x R
    = 100 × 37485 /24500 × 9 =  17 years

    By: Amit Kumar
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