If the annual rate of simple interest increases from 11% to 17\frac{1}{2}%, then a person's yearly income increases by Rs. 1,071.20. The simple interest (in Rs.) on the same sum at 10% for 5 years is:

SSC CPO 24 Nov 2020 Shift 1 Paper

Question : 108 of 200

Marks: +1, -0

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

17\;{1}/{2}

%, then a person's yearly income increases by Rs. 1,071.20. The simple interest (in Rs.) on the same sum at 10% for 5 years is:

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