8th Class Mathematics Comparing Quantities Question Bank Commercial Mathematics

  • question_answer
    Read the following statements carefully and choose the correct option. (i): In 3 years the sum of Rs. 900 will yield an interest of Rs. 324 at 12% per annum simple interest. (ii): In 5 years the sum of Rs. 750 will yield Rs. 220 interest at 6% p.a.

    A) is true only

    B) (ii) is true only

    C) Both (i) and (ii) are true

    D) Neither (i) nor (ii) is true

    Correct Answer: A

    Solution :

    A: \[S.I=\frac{P\times R\times T}{100}\,=\frac{900\times 12\times 3}{100}\] S.I. = Rs. 324 B: \[S.I=\frac{750\times 6\times 5}{100}\] S.I = Rs. 225


You need to login to perform this action.
You will be redirected in 3 sec spinner