The simple interest accrued on a sum of certain principal is Rs 1,200 in four years at the rate of 8 p.c.p.a. What would be the simple interest accrued on thrice of that principal at the rate of 6 p.c.p.a. in 3 years ?

Report

Report an issue

Name

Email

Message

Submit

Cancel

BANK PO Exam (Oriental Bank of Commerce) 2010 click here to view all questions

The simple interest accrued on a sum of certain principal is Rs 1,200 in four years at the rate of 8 p.c.p.a. What would be the simple interest accrued on thrice of that principal at the rate of 6 p.c.p.a. in 3 years ?

ARs 2,025

BRs 3,025

CRs 2,250

DRs 2,150

All DiscussionsClick here to write answer

Correct answer is: Rs 2,025 Explanation: $Principal = \Large \frac{SI \times 100}{Time \times Rate}$ $=\Large \frac{1200 \times 100}{4 \times 8}$ =Rs.3750 $\text{New principal }= 3×3750 = Rs.11250$ $\text{Therefore, S.I}. = \Large \frac{Principal \times Time \times Rate}{100}$ $=\Large \frac{11250 \times 3 \times 6}{100}$ $=Rs.2025$ upendra ? answered undefined All Comments

Post your answers here:

Rich Text Editor, message-ans

Editor toolbarsClipboard/Undo Cut Copy Paste Paste as plain text Paste from Word Undo RedoEditing Spell Check As You TypeLinks Link Unlink AnchorInsert Image Math Table Insert Horizontal Line Insert Special CharacterTools MaximizeDocument SourceBasic Styles Bold Italic Strikethrough Remove FormatParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase Indent Block QuoteStylesStylesStylesFormatFormatabout About CKEditor

Press ALT 0 for help

◢Elements path 

Post

Post your comments here:

Message

140 remaining

Post

Cancel