RRB Non Technical Model Papers 9 with solutions

Question : 17 of 100

Marks: +1, -0

Find the simple interest due after 120 days for ₹4800 at 10% per annum :

Solution:

(2) Principle =₹ 4800,
Rate = 10%, time = 120 days
=

120/365

year =

24/73

year
∴Interest

={Principle× time× rate}/100

={4800× 10× 24/73}/100´ ´

₹ {48× 240}/73= ₹157.80

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