SSC CGL 11 Jun 2019 Shift 1 Paper

Question : 51 of 100

Marks: +1, -0

QUANTITATIVE APTITUDE

The difference between the compound interest and simple interest on Rs. x at 8.5% per annum for 2 years is Rs. 28.90. The value of x is:

Solution:

8.5 \%=\ {17}/{200}

Let the principle be 40,000 units

1^{ {\st }} y r \→\ {3400}

2^{\nd} y r \→3400 \;\;\; 289

Now, 289 units

\→

Rs 28.9
40,000 units

\→\ {29.9}/{289} \×40,000=\ {\Rs} 4000

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