RRB RPF RPSF SI and CONS Model Papers 8 with solutions

Question : 69 of 120

Marks: +1, -0

What sum of money must be given at simple interest for six months at 4% per annum in order to earn Rs. 150 interest ?

Solution:

(2)

P= {150×100}/{4} ×{2}/{1}

= Rs. 7500

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