If the annual rate of simple interest increases from 11% to 17\frac{1}{2}\%, a person's yearly income increases by Rs. 1,071.20. The principal amount invested (in Rs.) is:

SSC CPO 23 Nov 2020 Shift 2 Paper

Question : 139 of 200

Marks: +1, -0

If the annual rate of simple interest increases from 11% to

17\;{1}/{2}\%

, a person's yearly income increases by Rs. 1,071.20. The principal amount invested (in Rs.) is:

Go to Question:

Prev Question

Next Question