SSC CHSL Model Paper 9

Question : 43 of 100

Marks: +1, -0

In how many minimum number of complete years, the interest on ₹212.50 P at 3% per annum will be in exact number of rupees?

Solution:

Interest for one year

=\₹212.50×3/100×1=\₹51/8

Thus in 8 years, the interest is ₹51.

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