Railways Sample Paper RRB (Assistant Loco Pilot & Technician) Sample Test Paper-6

  • question_answer
    A sum of money fetches Rs. 240 as simple interest at the rate of 5 p.c.p.a. after 6 years. What is the principal?

    A)  Rs. 200           

    B)  Rs. 400

    C)  Rs. 800           

    D)    Rs. 1,200

    Correct Answer: C

    Solution :

      \[\Pr incipal=\frac{SI\,\,\,\,\,\,\,100}{Time\,\,\,\,\,Rate}\]  \[=\frac{240\,\,\,\,\,\,100}{5\,\,\,\,\,\,\,\,\,6}\]= Rs. 800

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