Banking Quantitative Aptitude Sample Paper Quantitative Aptitude Sample Paper-23

  • question_answer
    The simple interest accrued on a certain principal in 5 yr at the rate of 12% per annul is Rs. 1536. What amount of the simple interest would one get if one invests Rs. 1000 more than the previous principal for 2 yr and at the same rate per cent per annum?

    A) Rs.  845.40                   

    B) Rs. 614.40

    C) Rs.  2136                      

    D) Rs. 1536

    E) None of these

    Correct Answer: E

    Solution :

    In first condition,
    \[1536=\frac{x\times 12\times 5}{100}\]
    \[\Rightarrow \]   \[x=\frac{1536\times 100}{60}=2560\]
    In second condition
    \[\text{SI=}\frac{3560\times 12\times 2}{100}=\text{Rs}\text{.}\,\,\text{854}\text{.40}\]


You need to login to perform this action.
You will be redirected in 3 sec spinner