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Railways Sample Paper RRBs Assistant Loco Pilot and Technician CBT STAGE-I Sample Paper-10

  • question_answer
    At what sum the simple interest will be Rs. 500 at the rate of 5% per annum in4yr?

    A)  Rs. 2500

    B)  Rs. 2000

    C)  Rs. 1500          

    D)  Rs. 3000

    Correct Answer: A

    Solution :

    Sum =Rs. P \[\therefore \,\]    \[\,\frac{P\times 5\times 4}{100}=\]Rs. 500 \[\therefore \]      \[\,P=\frac{500\times 100}{20}=\]Rs. 2500         


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