SSC CPO SI and ASI 2014 Paper

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Question : 108 of 200

Marks: +1, -0

The discount on a certain sum of money, due at the end of 2

1/4

years at 2

2/ 3

% p.a. is Rs. 78. Find the sum.

Rs.1,278
Rs. 1,300
Rs. 1,378
Rs.1,400

Solution:

(2)

Sum = { {Discount} × 100}/{ { Time ×Rate }}= {78 ×100}/{ {9}/{4} ×{8}/{3}}

= {78 ×100}/{6}=1300

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