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NTSE Sample Paper NTSE SAT Practice Test-18

  • question_answer
    If the simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% p.a., the sum placed on simple interest is

    A) Rs. 1550           

    B)        Rs. 1650

    C) Rs. 1750     

    D)        Rs. 2000

    Correct Answer: C

    Solution :

    [c] \[C.I.=4000{{\left( 1+\frac{10}{100} \right)}^{2}}-4000\] = Rs.840. \[\therefore \]     Sum =\[Rs.\frac{420\times 100}{3\times 8}=Rs.1750\]      


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