SSC MTS Model Paper 8

Question : 87 of 100

Marks: +1, -0

A man buys a TV priced at Rs. 16000. He pays Rs. 4000 at once and the rest after 15 months on which he i s charged a simple interest at the rate of 12% per year. The total amount he pays for the TV is

Rs. 18,200
Rs. 17,800
Rs. 16,800
Rs. 17,200

Validate

Solution:

(b) Remaining amount
= Rs. (16000— 4000)
= Rs. 12000
. S.I.

( \text "Principal " × \text "Time " × \text "Rate")/100

(12000×15×12)/12×100

= Rs. 1800
. . Total amount paid= Rs. (16000 + 1800)= Rs. 17800

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