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NTSE Sample Paper NTSE SAT Practice Test-13

  • question_answer
    The simple interest on a certain sum of money for \[2\frac{1}{2}\]years at 12% per annum is Rs 400 less than the simple interest on the same sum for years at 10% per annum. The sum is

    A) Rs 12,000         

    B) Rs 10,000

    C) Rs 9,000           

    D)        Rs 8,000

    Correct Answer: D

    Solution :

    [d] Let the sum be Rs 100. The simple intereston Rs 100 in two cases is Rs 30 and Rs. 35 respectively. If the actual sum is Rs. x, \[\Rightarrow \]5% of x = Rs. 400, so x = Rs. 8,000.


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