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7th Class Mathematics Comparing Quantities Question Bank Comparing Quantities

  • question_answer
    DIRECTIONS: Passage ? 2 Read the passage(s) given below and answer the questions that follow. Sudhir borrowed Rs. 3,00,000 at 12% per annum from money-lender. At the end of 3 years, he cleared the account by giving Rs. 2,60,000 and a gold necklace. If he decided to clear the account in 2 years how much money he could save.

    A) Rs. 36,000                  

    B) Rs. 38,000

    C) Rs. 40,000                  

    D) Rs. 35,000

    Correct Answer: A

    Solution :

        S.I. in two Years, S.I. \[=\frac{3,00,000\times 12\times 2}{100}\] \[=\text{Rs}\text{.}\,72,000\] he could save \[=\left( 1,08,000-72,000 \right)=\text{Rs}\text{.}\,\,36,000\]


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