Multiple Choice Questions on If simple interest on a certain sum of money for 6 years at 5 per annum is same as the simple intere........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

If simple interest on a certain sum of money for 6 years at 5 per annum is same as the simple intere...........

Quantitative Aptitude ( CCS) Simple Interest
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    If simple interest on a certain sum of money for 6 years at 5% per annum is same as the simple interest on Rs. 720 for 8 years at the rate of 6% per annum then the sum of money is

    Rs 1152

    Correct Answer

    Rs 1235

    Incorrect Answer

    Rs 1310

    Incorrect Answer

    Rs 1420

    Incorrect Answer
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    Explanation:

    X *6*5/100 = 720*8*6/100
    X = 144*8 ==> 1152.

    Hence, option 1 is the correct answer.

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