SSC CPO SI and ASI Model Paper 4

Question : 102 of 200

Marks: +1, -0

Rohit borrowed ` 1500 at 2% p.a. and ` 1200 at 3% p.a. for the same duration. He had to pay ` 660 in all as interest. What is the time period in years?

Validate

Solution:

(3) According to the question,
S.I.1 + S.I.2 = ₹ 660

{1500× 2 ×t}/100+{1200× 3×t}/100 =660

30t + 36t = 660
66t = 660
t = 10 years

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