SSC CGL Model Paper 19

Question : 53 of 100

Marks: +1, -0

Sum of amount 'x' becomes 'y' in 4 years at the simple rate of 8% per annum. Sum of 'y' will give you an interest of Rs 333.03 when is compounded for 2 years at the rate of 10% per annum. What is the approx value of 'x'?

Rs. 1200
Rs.1400
Rs.1000
Rs. 800

Validate

Solution:

{P×10}/100+{P×10}/100

+{P×100}/{100×100}=333.03

21P = 33303

P=11101/7=y

11101/7=x+{x×8×4}/100

132/100x=11101/7

x=1200

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