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NTSE Sample Paper NTSE SAT Practice Test-15

  • question_answer
    There is 60% increase in an amount in 6 years at S.I. What will be the C.I. of Rs. 12,000 after 3 years at the same rate?

    A) Rs.2160            

    B)        Rs. 3120

    C) Rs.3972

    D)        Rs. 6240

    Correct Answer: C

    Solution :

    [c] Rate of S.I.\[=\frac{100\times 60}{100\times 6}=10%\] C.I. = Rs.\[12000{{\left( 1+\frac{10}{100} \right)}^{3}}-\] Rs. 12,000 = Rs.3972.       


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