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7th Class Mathematics Comparing Quantities Question Bank Comparing Quantities

  • question_answer
    DIRECTIONS: Passage ? 3 Read the passage(s) given below and answer the questions that follow. Shyam invested Rs. 5000 at a rate of 7% p.a. after 5 years he collected the total amount and again invested for 3 year at a rate of 6% p.a. His friend also invested Rs. 5000 at a rate of 10% p.a. for 3 years. The total interest received by Shyam is

    A) Rs. 2865                                 

    B) Rs. 2765

    C) Rs. 2825                                 

    D) Rs. 3575

    Correct Answer: A

    Solution :

        For next 3 years: \[P=Rs.\,\,6750,\text{ }R=6%\]          \[T=3\text{ }years\] \[\text{SI}=\frac{6750\times 6\times 3}{100}=1115\] Total \[\text{SI}=1750+1115\] \[=Rs.\,\,2865\]


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