8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    DIRECTIONS: Passage-1 Read the passage(s) given below and answer the questions that follow. Rs. 5000 is invested at a rate of 5% p.a. Simple interest for 5 years. After 5 year whole amount is again invested for 2 year at a rate of 3% p.a. What will be the total amount after 7 years.

    A) Rs. 8000        

    B)                      Rs. 9000

    C) Rs. 6625       

    D)                      Rs. 7000

    Correct Answer: C

    Solution :

    Total amount = 5000 + 162 = Rs. 6625


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