Multiple Choice Questions on Two equal amount of sum are deposited in banks at the rate 5 percent per annum The amount deposited ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

Two equal amount of sum are deposited in banks at the rate 5 percent per annum The amount deposited ...........

Quantitative Aptitude ( CCS) Simple Interest
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    Two equal amount of sum are deposited in banks at the rate 5 percent per annum. The amount deposited for 3 and 5 years respectively. If the difference between the SI obtained is 120 rupees, then find the sum

    1100

    Incorrect Answer

    1200

    Correct Answer

    1300

    Incorrect Answer

    1400

    Incorrect Answer
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    Explanation:

    120 = p*(5/100)*5 – p*(5/100)*3 = 1200

    By: Pranav Gupta
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