SSC CGL 13 Jun 2019 Shift 1 Paper

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Question : 64 of 100

Marks: +1, -0

The difference between the compound interest and simple interest on Rs. x at 11% per annum for 2 years is Rs. 60.50. What is the value of x ?

4800
4000
5000
4500

Solution:

difference

=\ {R^{2}}/{100} \%=1.21 \%

ATQ,

1.21 \% \→\Rs 60.25

100 \% \→5000

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