Multiple Choice Questions on A sum at the simple interest at 27 2 per annum amounts to Rs 2502 50 after 4 years find the sum........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A sum at the simple interest at 27 2 per annum amounts to Rs 2502 50 after 4 years find the sum...........

Quant (SSC) Simple Interest
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    A sum at the simple interest at 27/2% % per annum amounts to Rs 2502.50 after 4 years. find the sum?

    Rs. 1345

    Incorrect Answer

    Rs. 1625

    Correct Answer

    Rs. 2502

    Incorrect Answer

    Rs. 1825

    Incorrect Answer
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    Explanation:

    Let sum be x. Then, S.I = Rs(x × 27/2 × 4 × 1/100)
    = Rs. 27x/50
    So, Amount = Rs(x + 27x /50) = Rs 77x/50
    So, 77x/50 = 2502.5
    ⇔  x = 2502.50 × 50 /77 ⇒ 1625.

    By: Amit Kumar
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