Multiple Choice Questions on If annual rate is of SI is increased from 8 to 11 a man rsquo s yearly income increases by Rs 1500 F........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

If annual rate is of SI is increased from 8 to 11 a man rsquo s yearly income increases by Rs 1500 F...........

Quantitative Aptitude ( CCS) Simple Interest
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    If annual rate is of SI is increased from 8% to 11%, a man’s yearly income increases by Rs.1500.Find the principal

    50,000

    Correct Answer

    5,000

    Incorrect Answer

    55,000

    Incorrect Answer

    50,500

    Incorrect Answer
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    Explanation:

    11x – 8x = 1500*100
    3x = 1,50,000
    X = 150000/3 = 50,000

    By: Pranav Gupta
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