Multiple Choice Questions on A person invested in all Rs 1950 at 4 6 and 8 per annum simple interest At the end of the year he go........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A person invested in all Rs 1950 at 4 6 and 8 per annum simple interest At the end of the year he go...........

Quantitative Aptitude ( CCS) Simple Interest
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    A person invested in all Rs. 1950 at 4%, 6% and 8% per annum simple interest. At the end of the year, he got the same interest in all the three cases. The money invested at 8% is

    Rs450
    Correct Answer
    Rs390
    Incorrect Answer
    Rs520
    Incorrect Answer

    Rs430

    Incorrect Answer
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    Explanation:

    a*4/100 = b*6/100= c*8/100
    Then a:b:c=6:4:3
    13………. 1950
    3 ………. ? => Rs450.

    Hence, option 1 is the correct answer.

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